FMC Ventures evaluates emerging technologies of relevance to the agricultural industry and will invest in those that create a unique strategic advantage for FMC. Agriculture's most pressing challenges are being addressed through advances in artificial intelligence (AI), genomics, robotics, precision agriculture, biopesticides, synthetic biology and other innovations. As progress in these disciplines converge, they will radically alter how crop inputs are developed, sold, and applied. The new venture capital arm of FMC will focus investments in these advanced technology areas.
Trace Genomics combines DNA sequencing with machine learning to explain how soil diseases emerge and identify beneficial microorganisms that can be developed into biological products that counter harmful pathogens.
June 25, 2020 - FMC Ventures announced its first portfolio investment in Trace Genomics, Inc. With operations in Burlingame, CA, and Ames, IA, the start-up combines DNA sequencing with machine learning that not only explains how soil diseases emerge but also identifies beneficial microorganisms that can be developed into biological products that counter harmful pathogens. Trace Genomics’ technology can identify bacteria, fungi, nematodes, and pathogens, as well as their interactions with each other and the plant. An in-depth analysis of microbial diversity and its impact on crops are critical data sets needed by agronomists to recommend the right biological products. Learn more here.