Grace Breeding News
18 articles
גרייס ברידינג נלחמת על קיומה וממתינה לבשורות ממוצר הדגל שלה בברזיל
TheMarker, a company that develops biological alternatives to synthetic fertilizers, has laid off all but two of its employees and cut the salaries of the remaining staff by 40%. This is part of an effort to focus its activities on a product that improves grain yields while reducing the consumption of urea fertilizer. The company is struggling to save its leading product and intellectual property amid a cash crisis and doubts about its continued existence as a going concern.
Layoffs
Grace Breeding Provides Summary Update on Progress Related to its Leading Programs for the First Half of the Year
Grace Breeding Ltd., an AgClimateTech company, has announced updates on its two lead product candidates for the first half of 2023. The companys proprietary NFT biofertilizer, Maoz™, received its first approval in Brazil and Austria. The company also reported positive results from field trials of its climate stress tolerance solution and bio-fertilizer. The company has also formed collaborative partnerships and is in discussions with many agricultural leaders related to its bio-fertilizer. The companys financial results for the first half of 2023 showed revenues of $18 thousand, a decrease from $60 thousand for the same period in 2022.
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Grace Breeding’s Environmentally Friendly WDS Climate Stress Tolerance Solution Receives its First European Product Registration in Germany
AgClimateTech company Grace Breeding Ltd. has received product registration approval in Germany for its Wide Defense System (WDS) climate stress tolerance solution, which will be marketed as ClimAid. This marks the companys first product registration in the European Union, facilitating its registration process in other EU countries. ClimAid, a biological compound, helps increase plant resilience and significantly boosts crop yield. The company reported successful field tests of the WDS formula on industrial tomatoes in Israel last year, showing a 17% improvement in yields amid drought conditions. The registration was supported by regulatory consulting firm SCC GmbH.
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Brazil Field Trials of Grace Breeding’s Environmentally Friendly Maoz™ (NFT Bio-Fertilizer) in Corn Show Trifold Economic Benefit To Farmers While Using 50% Less Urea
Grace Breeding Ltd., an AgClimateTech company, has announced positive results from field trials of its NFT bio-fertilizer, Maoz™, in Brazil. The trials, conducted by Eurofins Group and Gaia AgroSolutions, showed that Maoz™ can increase crop yield while using half the amount of commercial fertilization typically used by farmers. This results in reduced manpower and labor costs. Additionally, farmers can use carbon credits as a source of revenue using Maoz, which relies on 50% less urea. The company estimates that farmers using Maoz could potentially earn an additional $250 per hectare.
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Grace Breeding’s NFT Bio-Fertilizer Receives its First European Product Registration Approval in Austria for Use in Wheat and Corn
Grace Breeding Ltd. has received product registration approval in Austria for its bio-fertilizer, marketed as a soil improver under the brand name Addir. This is the companys first product registration in the European Union and allows for rapid mutual recognition registrations in other EU countries. The bio-fertilizer, Addir, reduces the need for synthetic fertilizer and provides a more environmentally friendly and economically viable alternative. It works by relying on less urea, which is harmful to the environment. The registration approval in Austria serves as a prototype for registration in other EU member states and other territories. Grace Breeding aims to disrupt crop agriculture by offering sustainable solutions for crop bio-fertilization and climate stress relief.
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Grace Breeding Announces Brazil Field Test Results of its ProMagen™ (WDS Bio-Activator) in Soybean Plants Demonstrating Boosted Yields
Grace Breeding Ltd. announced the results from trials of its ProMagen™ in soybean plants, showing higher resilience, disease tolerance, and increased yield. ProMagen™ is an environmentally friendly foliar formulation product that enhances plant response to disease attack. The results validate the companys technology and its potential to increase the efficiency of disease control. The field tests conducted in Brazil demonstrated that ProMagen™ provided gains of up to six bags of soybeans per hectare compared to the standard pesticide treatment. The collaboration between Grace Breeding and the State University of Londrina aims to develop sustainable solutions for crop agriculture. Grace Breeding is focused on developing bio-based products that provide efficient and natural solutions for farmers and distributors.
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Grace Breeding Announces Results from its NFT Bio-Fertilizer Field Trial in Corn Plants Conducted in Brazil Confirming Previous Greenhouse Results
Grace Breeding Ltd. announced the results from trials of its NFT Bio-fertilizer in corn plants in Brazil. The trials showed greater efficiency in the use of nitrogen and water, as well as increased carbon sequestration. The results support the use of Grace Breedings NFT Bio-fertilizer as a sustainable solution for corn plant growth and reduced carbon emissions. The company plans to market the product in Brazil before the end of the year. The trials were conducted in collaboration with the University of Londrina. The use of NFT technology leads to lower carbon emissions and reduces dependence on synthetic fertilizers. Grace Breedings NFT can be applied to various field crops and reduces synthetic nitrogen use by up to 50%.
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Grace Breeding’s NFT Bio-Fertilizer Receives its First Product Registration Approval in Brazil Allowing the Commencement of Marketing and Commercial Activities in this Region
Grace Breeding Ltd. has received the first approval for its NFT Bio-fertilizer registration in Brazil, a strategic market for agricultural staples. The NFT Bio-fertilizer can significantly reduce the use of nitrogen and lower carbon emissions, providing a sustainable solution for agribusiness. The approval allows farmers to reduce their dependence on synthetic fertilizers and increase carbon sequestration. Grace Breedings NFT has been undergoing field trials in Brazil with partners at the University of Londrina and Gaia AgroSolutions. The company expects complete results from the trials to be available this quarter. The collaboration with the University of Londrina aims to improve nutrient absorption, carbon sequestration, and nitrogenous feeding efficiency. Grace Breedings NFT can be applied to a wide range of field crops and requires less frequent application compared to traditional fertilizers.
Customers
Grace Breeding Reports 2022 Full-Year Financial Results
Grace Breeding and Evolva Holdings Partner to Develop Next-Generation, Sustainable Crop Yield and Resilience Solutions
Grace Breeding Ltd. and Evolva Holding AG have formed a partnership to develop a bio-fertilizer alternative to replace chemical nitrogen crop fertilizers. The partnership will combine Grace Breedings proprietary NFT bio-fertilizer with Evolvas precision-fermentation platform to create a streamlined process for producing the bio-fertilizer. The global market for chemical nitrogen fertilizers is estimated to be over $118 billion. Grace Breedings NFT bio-fertilizer is more environmentally friendly and cost-effective, reducing CO2 emissions and synthetic nitrogen use by up to 50%. The partnership aims to address the economic impact on soil and climate resulting from the use of conventional urea-based fertilizers. Field tests for the bio-fertilizer are ongoing in Israel and Brazil, with expected completion in 2023.
Partners
Grace Breeding and Evolva Holdings Partner to Develop Next-Generation, Sustainable Crop Yield and Resilience Solutions
Israeli company touts nature-based alternative to toxic fertilizers for crops
Israeli Agtech company Grace Breeding has reported successful results from an early trial of its NFT Bio-Fertilizer in Brazil. The sustainable fertilizer has the potential to reduce the use of synthetic nitrogen, cut emissions, save water, and lower farmers costs. The trial on corn seedlings showed quick germination rates, improved plant growth, and more efficient use of natural nitrogen compared to synthetic fertilizers. The company previously announced an 18% improvement in wheat yield from NFT field tests in Israel. Grace Breeding aims to replace synthetic urea with its nature-based solution and is currently using a hybrid approach. The company is partnering with Londrina University and Gaia AgroSolutions in Brazil. If successful, the method may be certified for carbon credits.
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Grace Breeding Study Results of its Proprietary Environment- Friendly Bio-Fertilizer (“NFT”) Show Superior Growth Results in Brazilian Corn, Outperforming Standard Nitrogen Fertilizers While Reducing Carbon Emissions
Grace Breeding Forms Collaboration with the Prestigious University of Londrina (UEL) Located in a Major Agricultural Center of Brazil to Study and Validate the Crop Vigor Benefits of its Nitrogenous Technology
Grace Breeding Announces its Wide Defense System (WDS) Improves Industrial Tomato Yield by 17% Based on Field Trial Results
Agrotech company Grace Breeding has announced that its proprietary Wide Defense System (WDS) biostimulant formula improves industrial tomato yield by an additional 17 percent. The field trial showed that the formula boosted the growth of the tomato root system and improved the yield in harsh, arid weather conditions. The trial was conducted in Israel in collaboration with Lycored, a subsidiary of Adama. The formula addresses the supply problem for the farmer and the pricing threat to the consumer by improving tomato yield.
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גרייס ברידינג השלימה את ההנפקה: בין המשקיעים - יואב חרל"פ וקיבוץ חצרים כלכליסט
Israeli agrotech company, גרייס ברידינג, has successfully raised 16.8 million shekels in its initial public offering, valuing the company at 96 million shekels. The company has developed a technology for binding nitrogen from the air for growing crops, which is intended to reduce the use of polluting and expensive fertilizers. The funds raised will be used to complete field trials and for marketing and sales of the companys product. The company was founded by Israeli farmers and agronomists and has two main products, a biological substitute for synthetic fertilizers and a biological substitute for growth stimulants.
Investment
פיתוח ישראלי חדש: תחליף לדשן סינתטי זול וידידותי לסביבה
חברת גרייס ברידינג פיתחה תחליף זול וידידותי לסביבה לדשן סינתטי. הטכנולוגיה מאפשרת לחברה לייצר תחליף ממקורות ביולוגיים לדשנים סינתטיים. התחליף יכול להחליף כמעט לחלוטין את השימוש באוריאה אצל חקלאים ולהפחית את העלויות הכספיות לחקלאים ואת הזיהום הסביבתי. גרייס ברידינג פיתחה גם טכנולוגיה נוספת בשם WDS שמיועדת לפירות וירקות ומהווה תחליף ירוק לריסוסים וחומרים כימיים. הטכנולוגיה ייצאה לשוק לאחר הרישום הנדרש מול משרדי החקלאות בארץ ובעולם.
Customers
חברת הדישון שרוצה לגייס 20 מיליון שקל עם הערת עסק חי כלכליסט
Israeli company גרייס ברידינג, which develops innovative fertilizers for agriculture, has announced its intention to go public. The company hopes to raise around 20 million shekels at a valuation of 70 to 100 million shekels. The companys products include a biological substitute for synthetic fertilizers and a product to stimulate crop growth. The company has signed a cooperation agreement with an unnamed international European company to test and distribute its products. The company also received a convertible loan of 200,000 euros from this company. In addition, the Indian company Indofil has invested $1.5 million in Grace Breedings subsidiary.
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