Chipotle Invests in Lumachain

Chipotle Mexican Grill has announced that it has taken a minority stake in Lumachain.  
“The visibility in real time and quality data analytics that Lumachain’s software provides could optimize the management and quality of perishable goods for the food service industry,” said Curt Garner, Chief Customer and Technology Officer, Chipotle. 

For the full article in The Australian, click here.

https://www.theaustralian.com.au/business/stockhead/content/us-food-giant-chipotle-takes-stake-in-lumachain/news-story/79c26201430156cfc7b5c6e57e967d8d

For Chipotle Media Release, click here.

https://newsroom.chipotle.com/2024-10-15-CHIPOTLES-CULTIVATE-NEXT-FUND-INVESTS-IN-AI-SUPPLY-CHAIN-SOLUTION-AND-EMERGING-FAST-CASUAL-CONCEPT