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Rainbow Crops secures €9.7m to scale AI-powered gene editing for next-generation crops

Tuesday, June 16, 2026Oliver MorrisonView original
Rainbow Crops, an agtech start-up specializing in AI-powered multiplex genome editing, has raised €9.7 million to expand its Trait Foundry™ platform and move toward commercial deployment. The funding, led by LIFTT and supported by strategic and industry investors including Corteva, will help the company scale its technology aimed at accelerating the engineering of complex crop traits like yield and climate resilience. Rainbow Crops’ approach integrates artificial intelligence, precision breeding, and automated phenotyping to overcome the limitations of traditional, slow breeding cycles, with proof of concept already demonstrated in corn. The company now focuses on broader deployment across multiple crops and delivering real-world field impact through innovative partnerships.

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