GOENOMICS GmbH

GOENOMICS GmbH is a German startup with a mission to provide genome annotations to aid agriculture, biotech, and academia in understanding and developing genomic traits for improved plants and fungi. This is crucial for securing the global food supply by enhancing characteristics such as heat resistance, nutrient and water scarcity resistance, as well as resistance against agricultural pests. Additionally, understanding fungal biology is vital for agricultural disease treatment and improving fungi for industrial drug production and waste management.

The company's genome annotation process involves identifying functional regions within genome sequences and assigning putative functions through comparisons with extensive databases and literature. These annotations are the foundation for downstream experiments such as breeding, genetics, genomics, and proteomics, enabling customers to avoid unnecessary and unsuccessful experiments, thus saving costs.

In August 2022, GOENOMICS became a part of Microsoft for Startups Founders Hub. As of 25 November 2024, the last investment received was a Non-Equity Assistance investment from RootCamp. The company operates in industries including AI, Big Data, Biopharma, Biotechnology, Life Sciences, Pharmaceutical, Clean Energy, AgriTech, and Machine Learning.

With its focus on crucial aspects of genomic trait development and its recent partnership with Microsoft, GOENOMICS demonstrates potential for growth in the fields of biotechnology and agriculture, making it an intriguing investment opportunity for venture capitalists.