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Fortune
Fortune
Sheryl Estrada

Chipotle and Cava put rivalry on pause with $25 million bet on restaurant automation

(Credit: Courtesy of Chipotle and Hyphen)

Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of restaurant technology.

Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised $25 million in funding led by Chipotle’s Cultivate Next venture fund, which invested $15 million in July 2024, and Cava, which has just contributed $5 million with an additional $5 million commitment subject to terms.

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