German agritech company Computomics has raised €6.3 million in a Series B funding round led by Convent Capital Agri Food Fund, which invested €5 million.
- Founded in 2012 by Dr. Sebastian J. Schultheiss as a spin-off from the Max Planck Institute for Biology and the University of Tübingen, Computomics develops AI and bioinformatics technologies for plant breeding.
- The company combines genomic data with machine learning and environmental information, including temperature, rainfall, soil conditions, and field-trial data, to predict how different crop genotypes are likely to perform under specific conditions.
- Its ×SeedScore platform applies these predictions across commercial breeding programs, helping breeders identify crop candidates that are more likely to withstand hotter and drier conditions, determine which varieties remain stable across different environments, and assess where particular varieties are best suited for cultivation. The company works with breeders across field crops, forage crops, vegetables, and specialty crops.
- Computomics also develops CropCompass and BreedScope for climate-smart breeding, Pantograph for omics data analysis and trait discovery, and MORPHEUS and MEGAN7 for microbiome analysis.
Details of the deal
- The round also saw participation from existing investors High-Tech Gründerfonds (HTGF), MBG Baden-Württemberg, and Amathaon Capital, alongside the company’s founders and scientific advisers. The financing also benefits from support from the European Union under the InvestEU Fund.
- The fresh capital will be used to scale the commercial delivery of Computomics’ climate-smart breeding platform and expand its adoption across additional breeding programs worldwide, helping breeders use AI-driven predictions to develop crop varieties better suited to changing climate conditions.
