CoverCress Inc. - Company Development & Milestones



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)


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)


Follow-on Series A financing

Formed genomics partnership with Illinois State University

Completed 3 years of field tests and met initial yield goal


Planted the 1st progeny developed by the breeding program


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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