Company Profile

CoverCress Inc (AKA:Arvegenix LLC)
Profile last edited on: 9/1/22

Biotechnology company manufacturing oilseed crop for food, bioenergy, and cattle feed
Year Founded
2013
First SBIR Year
2019
Latest SBIR Award
2021
Program Status
Active

WikiProfile

Is this YOUR Company?
Ensure accuracy and completeness of YOUR Company Profile by completing the brief Survey Instrument attached
Do you know about this Awardees?
Let us encourage you to provide any data which would enhance the completeness of this firm's profile.

Location Information

1100 Corporate Square Drive Suite 135
St Louis, MO 63132
   (636) 891-5588
   info@covercress.com
   www.arvegenix.com
Multiple Locations:   
Congressional District:   01
County:   St. Louis

Public Profile

In August 2022 it was announced that Bayer had bought a majority stake (65%) in gene-edited cover crop startup CoverCress Inc. Previously dba Arvegenix LLC, in November 2018, the firm had changed its name to CoverCress Inc. A biotechnology company focused on renewable fuel and livestock feed, the firm was structured around producing an oilseed crop for food, bioenergy, and cattle feed. With a managemt team and staff drawn from the varying fields of agriculture, biotechnology, plants, genetics, cover crop, and precision agriculture, the firm's novel crop - called CoverCress - is a new winter oilseed cash crop that is also designed to provide winter and early spring soil cover between corn harvest and soybean planting. Yielding an oil and protein meal that is similar to that of canola, CoverCress is both a cash crop and also a soil-nourishing cover crop, a novel and compelling idea this team has turned into a reality and that has attracted significant investment.

Extent of SBIR involvement

User Avatar

Synopsis: Awardee Business Condition

Employee Range
20-24
Revenue Range
2M-2.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
---
IP Holdings
20-24

Awards Distribution by Agency

Most Recent SBIR Projects

Key People / Management

  Jerry Steiner -- Founder and former CEO

  Cristin L Handel --

  Jerry Hjelle -- Regulatory

  Mark Messmer -- SVP of Breeding and Product Delivery

  John Sedbrook -- Molecular Genetics

  Tim Ulmasov -- Founder and CTO