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CoverCress Inc.
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CoverCress Inc.

http://www.covercress.com/
Last activity: 03.08.2022
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Categories: AgriTechFoodTechITLabOilProductResearchServiceTimeTools
Our team works on the challenging journey of domesticating a weed since mid 2013. In the past this type of challenge required decades, but some cutting edge plant breeding and plant molecular biology tools were not available at that time. One thing was common: the final observations and decisions on plant / crop performance still has to be made under the regular field growing conditions. For a crop like ours, this means planting in the fall, when the vast majority of crop coverage in the heart of the Midwest is gone, waiting for winter to pass, and rapidly growing, flowering and producing seeds in early spring. We just planted its 5th field trial season. And while conducting evaluations and waiting for field results, we worked countless hours under lab and greenhouse conditions to achieve a grain composition that matches canola oil and meal. Since 2013 we have been developing this product, but now we have all the parts placed together and are celebrating the arrival of CoverCress, and the broader route our company is taking towards the path of commercialization aside from research pipeline development. This is who we are: CoverCress Inc. I invite you to follow us on our covercrop journey.
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Location: United States, Missouri, Saint Louis
Employees: 11-50
Total raised: $39M
Founded date: 2013

Investors 3

Funding Rounds 3

DateSeriesAmountInvestors
26.04.2022Series C$26M-
01.04.2021-$8M-
16.04.2020-$5M-

Mentions in press and media 20

DateTitleDescription
03.08.2022AgTech NEXT 2022 will examine how technology, trade and talent can reinforce our food systemThe Donald Donald Danforth Plant Science Center just announced AgTech NEXT 2022, a three-day event that will examine the intersection of technology, trade, and talent as they relate to our regional and global food system. This is the first ...
02.08.2022Brief: Exit for CoverCress as Bayer buys majority stake in gene-edited cover crop startupPharma and biotech giant Bayer has increased its investment in low-carbon oilseed producer CoverCress to take a 65% majority stake. The remaining 35% of CoverCress will remain with agribusiness Bunge and energy company Chevron U.S.A., accor...
28.04.2022The Week in Agrifoodtech: Middle East in the money as Foodics gets $170m, Red Sea Farms nets $19mThis week, UAE-based Foodics landed Series C funding to bolster its order management and fintech platform for restaurants. In neighboring Saudi Arabia, Red Sea Farms raised funds to expand its greenhouse tech that leverages saltwater to cul...
08.04.2022BRDG Park: Growing the future of agrifood techAround half of all US agriculture production is within a 500-mile radius of St. Louis, Missouri, including 80% of the nation’s soybean and corn crops. In recent years, the Midwestern city has also earned the name “the Silicon Valley of agte...
13.05.2021CoverCress Inc. Names New CEO as Winter Oilseed Edges Closer to CommercializationThe board of directors for CoverCress Inc. has named Mike DeCamp as its new president and CEO and a member of the board. Innovation has led the way for our business and that will continue as we transition into commercial operations. I am ho...
21.04.2021The carbon question: Making global carbon markets work for farmersEditor’s note: This post about carbon markets is part of a collaboration with F&A Next, an AgFunder Network Partner. F&A Next was founded by Anterra Capital, StartLife, Rabobank, and Wageningen University & Research. F&A Nex...
01.04.2021CoverCress nets $8m from Bunge, REG; touts ‘buy-in from entire supply chain’Cover crops are a big deal these days as farmers see benefits for soil health and cash crop yields. This has created a booming market for cover crop varieties that are well-suited to different geographies or climates, or that can pinpoint s...
24.03.2021Renewable Energy : The First ‘Cash Cover Crop' Edges Closer to CommercializationMarch 24, 2021 The First 'Cash Cover Crop' Edges Closer to Commercialization CoverCress Inc. announces $8 million in partner funding for new low carbon oilseed (ST. LOUIS) - Midwestern farmers are one step closer to the prospect of growing ...
24.03.2021The First ‘Cash Cover Crop’ Edges Closer to CommercializationThe CoverCress crop flowering in spring. The game changer is that unlike other cover crops, the CoverCress seed has the potential to deliver a cash profit margin for the farmer. This new round of funding reflects the downstream demand we an...
24.03.2021RENEWABLE ENERGY GROUP, INC. Renewable Energy : The First ‘Cash Cover Crop' Edges Closer to CommercializationMarch 24, 2021 The First 'Cash Cover Crop' Edges Closer to Commercialization CoverCress Inc. announces $8 million in partner funding for new low carbon oilseed (ST. LOUIS) - Midwestern farmers are one step closer to the prospect of growing ...
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