News and Company Milestones

 

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CoverCress Inc Press Release:     CoverCress Inc. Names New CEO
     as Winter Oilseed Edges Closer to Commercialization
     Mike DeCamp, former COO, will lead company through launch of new crop
     (May 13, 2021)

FarmWeek Now:     CoverCress preparing launch of commercial pennycress      (May 12, 2021)

The Pantagraph:     New crop potential in Illinois farming off-season      (May 09, 2021)

AgriNews:     CoverCress offers value of cover crops plus income from selling grain      (May 07, 2021)

AgFunderNews:     St Louis-based CoverCress is gearing up for its first harvest and a soft launch this year,
      and is aiming to have 50,000 acres of its 'cash cover crop' planted in 2022.
     (Apr 01, 2021)

CoverCress Inc Press Release:     CoverCress Inc. announces $8 million in partner funding for
     new low carbon oilseed. The First 'Cash Cover Crop' Edges Closer to Commercialization
     (Mar 24, 2021)

Agricultural Utilization Research Institute:     Growing Markets for Winter Oilseeds:
     Camelina and Pennycress (Webinar)
     Mike DeCamp, CoverCress Inc's COO presentation starts at time 28:48.
     (Mar 01, 2021)

Illinois Farmer Today:     Startups find space to grow at Danforth Center
      CoverCress utilizes the greenhouse space at BRDG Park, a plant science incubator
     connected to the Danforth Center.
     (Feb 13, 2021)

The Agribusiness Adviser:     Episode 16. A Discussion with Mike DeCamp, Chief Operating Officer of CoverCress, Inc.
      Hear how CoverCress helps provide more revenue opportunities for growers.
     (Feb 06, 2021)

AG News Daily:     CoverCress: A New Cover Crop
      Mike DeCamp's interview starts after the 12 minute mark (12:25).
      Hear the details about the first commercial launch of CoverCress for fall of 2021 (20:40).
      Learn how the Founding Farmers Club supports the sustainability movement in farming.
     (Feb 03, 2021)

AgFunderNews:     Agtech CVC: Leaps by Bayer on adopting an impact lens for corporate venturing
     CoverCress is highlighted as a great example of a company in Leaps by Bayer's investment portfolio.
     (Jan 26, 2021)

St Louis Business Journal:     St. Louis Business Journal announced today the top companies in biotech and ag-tech.
     CoverCress Inc, came in number 10!
     (Nov 20, 2020)

BiofuelsDigest:     The NEXT 50 Companies to Disrupt the World* (*in a really great way) for 2020.
     CoverCress on slide 17 of 52.
     (Nov 18, 2020)

Newswise:     Great news for CoverCress and increased carbon sequestration!      (Oct 20, 2020)

The Pantagraph:     'Wonder weed' research at Illinois State University called a 'game changer'      (Oct 13, 2020)

25 News Week.com:     Cashing in on Pennycress      (Oct 12, 2020)

The Van Trump Report:     NEW “Cash Crop” Project to Consider!      (Summer, 2020)

BiofuelsDigest:     Till, Baby, Till – $13M DOE grant advances new high-value feedstock, pennycress      (Aug 24, 2020)

ABLC Digital 2020:     CoverCress' CEO, Jerry Steiner, on ABLC (Advanced Bio-economy Leadership Conference).      (2020)

CoverCress Inc Newsletter:     $5M raised in April.     Mike DeCamp COO.     Founding Farmers Club.      (2Q/2020)

Media coverage on $5M in new financing and new COO for CoverCress Inc.      (Apr 13, 2020)
Please read more under the 3 links below:    
      Biodiesel Magazine
      St. Louis Business Journal
      AgFunderNews

CoverCress Inc Press Release:     CoverCress Inc. Secures $5 Million in New Financing
      for Low Carbon Intensity Crop Development and hires new COO.
     (Apr 13, 2020)

Midwest Cover Crop Council event:     We had a great time at the Midwest Cover Crop Council event in Kansas City.
     (Feb 11-12, 2020)

Biofuels Digest:     Biofuels Digest features CoverCress as the new winter crop for the Midwest.      (Dec 16, 2019)

CoverCress Inc Newsletter:     2019 Awards and Grants.     Field Trials.     CoverCress Team.      (3Q/2019)

Pennycress research received $10M USDA grant! This will be a multi institution effort led by WIU,
      and CoverCress is the commercial partner in the team.
     (Sep 17, 2019)

SeedWorld announces the $10M USDA grant for pennycress research.      (Sep 16, 2019)

CoverCress is proud of Dr Dillip Shah for his award!
      Dr Shah has been a wonderful partner on our IN² award and recently announced SBIR grant!
     (Aug, 2019)

biofuels international magazine:     "Diverse, domestic feedstocks" article discusses CoverCress's US biodiesel role.
     see page 10, column 4
     (Jul / Aug, 2019)

CoverCress Inc. was selected to participate in the first agtech cohort of IN² companies!      (May 14, 2019)
Please read more under the 4 links below:    
      St. Louis Business Journal
      Yahoo Finance
      National Renewable Energy Laboratory (NREL)
      The Wells Fargo Innovation Incubator (IN²)

Wells Fargo News Release:     Wells Fargo Innovation Incubator Selects Five Startups Focused on Sustainable Food Production.
      CoverCress is one of the chosen five.
     (May 13, 2019)

CoverCress Inc Quarterly Newsletter:     CoverCress is here!     Team is growing.     Farmers provide feedback.      (1Q/2019)

BIODIESEL Magazine:     Where Will All the Feedstock Come From?
      Scroll for details on CoverCress' role in developing farmer-friendly, soil-supporting,
      high-quality feedstock and virgin oil.
     (Apr 02, 2019)

CoverCress Inc Video News:     Hear Jerry Steiner, CoverCress Inc.'s CEO describe company name change timing.      (4Q/2018)

CoverCress Inc Quarterly Newsletter:     CoverCress: New Name, New Crop. Highlights of exciting future plans.      (4Q/2018)

CoverCress Inc. Press Release:     Arvegenix Changes Name to CoverCress Inc.
      Secures $2 Million in New Financing for Novel Crop Development
      BioGenerator and Bayer Growth Ventures co-lead latest funding round
     (Nov 14, 2018)

Arvegenix Press Release:     Arvegenix - Stakeholder Update - New CEO      (Jan 28, 2015)

Arvegenix Press Release:     Arvegenix - Closes on Series A Finanacing      (May 7, 2015)

BIODIESEL Magazine:     World Energy doubles down on biodiesel amid coronavirus pandemic      (Apr 3, 2020)

Washington University in St. Louis, FUSE:     Olin alum leads ag tech startup to new $2M funding round      (Feb 19, 2019)

St. Louis Business Journal:     Bayer co-leads $2 million financing for local agtech startup
      Subscription required for viewing.
     (Nov 14, 2018)

St. Louis Post-Dispatch:     St. Louis startup chasing new cash crop raises $2 million, rebrands as CoverCress      (Nov 14, 2018)

AgFunderNews:     BREAKING: CoverCress Raises $2m to Develop Gene-Edited Cover Cash Crop      (Nov 13, 2018)

St. Louis Business Journal:     Arvegenix and 39N cited in the new Brookings report      (Jul 25, 2018)

Nature Reviews Magazine:     Arvegenix cited in the interesting article: "The future of CRISPR technologies in agriculture"      (May 01, 2018)

City of Creve Coeur:     Arvegenix received the "Most Innovative Business Award: 2018" from the city of Creve Coeur.      (Apr 17, 2018)

Forbes:     Arvegenix included in Forbes' 25 most innovative ag-tech startups      (Jun 28, 2017)

AgFunderNews:     AgFunder's news on food and agriculture technology companies.

St. Louis Public Radio:     Pennycress, a common weed in Missouri, could be the next big thing in biofuel innovation.
     "Jerry Steiner, CEO of Arvegenix, and Toni Kutchan, Vice President for Research at Donald Danforth Plant Science Center discussed new research in the field of bioenergy on St. Louis on the Air"
     (May 12, 2016)

STL Today:     Monsanto places its bets on the future of agriculture.
     "So far, its only investment here is in Arvegenix, a Creve Coeur company developing a plant called pennycress as an oilseed crop"
     (Feb 25, 2016)

 

CoverCress Inc. - Company Development & Milestones

 

2021

REG Strategic Investment in CoverCress


(May 2021)

Pennycress is now an insurable crop in the state of Illinois

(Mar 2021)

CoverCress Inc. Secures $8 Million in B Series Funding

Bunge, a strategic investor in the crush plant value chain, led the funding.
(Mar 2021)

2020

CoverCress Inc. graduated to its very own headquarters in 39° North

(Nov 2020)

CoverCress Inc. Secures $5 Million in New Financing

New Financing for Low Carbon Intensity Crop Development. Fulcrum Global Capital and Hermann Companies co-lead the funding round.
(Apr 2020)

New COO: Mike DeCamp joined!

(Apr 2020)

2019

Pennycress research received $10M USDA grant

CoverCress is the commercial partner in multi-institution effort led by WIU.
(Sep 2019)

CoverCress team grows

New lines achieved yields; prior lines show consistency

(May 2019)

Awarded 1st Agtech Cohort for IN² Incubator


(May 2019)

CoverCress® crop is here!

(Jan 2019)

2018

Changed company name from Arvegenix to CoverCress Inc.

Series A-1 financing

Demonstrated excellent plant emergence under different levels of corn residue

(Fall 2018 Planting)

Achieved great progress in grain composition research

Validated yields

(May 2018)

2017

Follow-on Series A financing

Formed genomics partnership with Illinois State University

Completed 3 years of field tests and met initial yield goal

2016

Planted the 1st progeny developed by the breeding program

2013-15

Formed a Delaware C corporation with Series A financing

Built a strong crop development team

Built a large and diverse native pennycress collection

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