GRACE BREEDING LTD
TTASE:GRAC1,647.00
ILA
-3.00
(-0.18%)
ISIN
IL0011843658
Return %
Stock
S&P 500
1Y
-20.43
14.20
3Y
37.25
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
•
in mil. unless spec.Semi-annual Earnings Per Share
FRC
•
in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Assaf Dotan
- Full Time Employees
- 2
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- 1 Mechola Rehovot TA Israel 6713412
- IPO Date
- Feb 13, 2022
- Website
- gracebreeding.com
- Similar Companies
- Business
- Grace Breeding Ltd (TASE: GRAC) is an Israel-based AgClimateTech company founded in 2015 and headquartered in Rehovot that develops and commercializes sustainable biofertilizers, biostimulants, and climate stress relief products for farmers and agricultural distributors; its core offerings include the proprietary Nitrogen Fixation Technology (NFT) biofertilizer branded as Maoz™ for grains such as corn, wheat, barley, rice, and soy, which enables up to 50% reduction in synthetic urea usage while boosting yields and nutrient uptake; the Wide Defense System (WDS) stress tolerance enhancer branded as ProMagen™ for soybeans and ClimaAid™ for fruits and vegetables including mango, avocado, and industrial tomatoes, improving root systems, crop resilience to drought and climate stressors, and overall plant health; and related biological substitutes that lower carbon emissions, support soil restoration, and generate carbon credit revenue potential of around $250 per hectare. The company operates an advanced R&D center in Rehovot, Israel, with additional facilities and field trials in Brazil through strategic collaborations such as with the State University of Londrina (UEL) and Eurofins, while conducting commercial activities and product registrations across Europe, the United States, South America, and Israel, targeting field crops, high-value fruits, legumes, and industrial vegetables to address global challenges like food insecurity, synthetic fertilizer dependency, and climate-induced yield losses. Among its latest developments, Grace Breeding secured its first European product registration for the environmentally friendly WDS climate stress tolerance solution in Germany in August 2023; announced private placement agreements on September 5 to extend its cash runway; achieved regulatory approvals for Maoz™ NFT biofertilizer in Brazil and Austria; and advanced global brand identities, commercial partnerships, and large-scale field trials in Brazil demonstrating trifold economic benefits including higher yields with half the urea, reduced labor costs, and enhanced germination.