BreedIT
Agro-breeding Planning and Management Solutions
Company Overview
Snapshot
Founded in July 2013 by Oded Sagee, BreedIT operates with 1–10 employees. The company raised $1.55M across four funding rounds. In July 2016, BreedIT was acquired by NovoMic.
Business overview
BreedIT develops agro-breeding solutions for plant breeders and researchers, focusing on optimizing breeding processes. The company's core product, iBreedIT-Intelligent Decision Support System (IDSS), is a software designed to help breeders plan, manage, and analyze data for research activities. It serves corporations, research institutions, and government bodies within the agriculture and food technologies sector, specifically targeting crop genetics and input.
Strategic signal
In October 2016, BreedIT was delisted from the OTC stock exchange, following its merger with Novomic in July 2016 and subsequent name change to TechCare. This indicates a strategic shift and integration into a larger entity, signaling a new operational phase under different corporate branding and management.
Log in to access full profile ›Company Intelligence Q&A
- What is BreedIT's primary offering?
- BreedIT provides the iBreedIT-Intelligent Decision Support System (IDSS), a software solution designed to optimize agro-breeding processes for plant breeders and researchers.
- When was BreedIT acquired?
- BreedIT was acquired by NovoMic in July 2016. Following the merger, the company changed its name to TechCare in October 2016.
- What was the total capital raised by BreedIT?
- BreedIT raised a total of $1.55M across four funding rounds.
- When did BreedIT go public?
- BreedIT conducted an Initial Public Offering (IPO) in August 2013, listing on the OTC stock exchange under the ticker BRDT.
- Did BreedIT receive any grants?
- In May 2016, BreedIT received a grant from the European Commissions SME Instrument Program.