BASF Venture invests in bioinformatics company - NewsBreak
By Vivian in Business
Updated 3 years ago
LUDWIGSHAFEN, GERMANY — BASF Venture Capital GmbH (BVC), the venture arm of BASF Group, is investing in Computomics, a bioinformatics company based in Tubingen, Germany. Computomics uses artificial intelligence for predictive crop breeding. The technology analyzes a plant's genome together with local environmental data and provides customers with recommendations for developing higher-performing crops that adapt to changing climate. The technology also speeds up breeding.