
CoverCress Inc (AKA: Arvegenix LLC) Profile last edited on: 9/1/22
CAGE: 6ZMX0
UEI: Z8NECA3YG9S9
Business Identifier: Biotechnology company manufacturing oilseed crop for food, bioenergy, and cattle feed Is this YOUR Company?
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Location Information
1100 Corporate Square Drive Suite 135
St Louis, MO 63132
St Louis, MO 63132
(636) 891-5588 |
info@covercress.com |
www.arvegenix.com |
Location: Single
Congr. District: 01
County: St. Louis
Congr. 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
Synopsis: Awardee Business Condition
Employee Range
20-24Revenue Range
2M-2.5MVC funded?
YesPublic/Private
Privately HeldStock Info
----IP Holdings
25-49Awards Distribution by Agency
Most Recent SBIR Projects
Year | Phase | Agency | Total Amount | |
---|---|---|---|---|
2021 | 2 | USDA | $706,489 | |
Project Title: Development of novel cover crop, CoverCress, as a sustainable plant-based protein source for food applications | ||||
2019 | 1 | USDA | $99,380 | |
Project Title: Development of Disease Resistant Pennycress as a Novel Oilseed Crop |
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
Cristin L Handel
Jerry Hjelle -- Regulatory
Mark Messmer -- SVP of Breeding and Product Delivery
John Sedbrook -- Molecular Genetics
Tim Ulmasov -- Founder and CTO