About CoverCress Inc.

The Leadership Team

The Full Team

Investors & Location

Company Milestones

 

The CoverCress Inc. Leadership Team

120+ years of commercial agriculture experience 

Jerry Steiner
CEO

30 year Monsanto, Ret. EVP of Monsanto Global Corporate Affairs, Sustainability, and other Senior Business Roles

Mike DeCamp
COO

30+ years of diversified experience in agribusiness, corporate strategy, finance and M&A

Dr. Tim Ulmasov
CTO

Former Monsanto and professor at University of Missouri. 30 years experience in biotechnology, oil and product development.

Dr. Mark Messmer
Plant Breeding / Agronomy Lead

Former Lead of Monsanto North America corn breeding Program

Dr. Cris Handel
VP - Strategy & Ops

10 years in corporate strategy and sustainability. Former McKinsey & Co.

Dr Jerry Hjelle
Regulatory

30+ years at Monsanto, where he was vice president of regulatory affairs. Former president of ILSI

Dr. John Sedbrook
Molecular Genetics

Ph.D. in Genetics, Univ. of Wisconsin, Professor at ISU (Illinois State University)

 

The Complete CoverCress Inc. Team

Board Members:

Charles Bolten (chair), Jerry Steiner (CEO), Dennis Plummer, Rick Holton, John Peryam, Derek Norman

Initial (Retired) Founders:

Dennis Plummer, Mike Roth, Vijay Chauhan

 

Investors:

Bunge Logo REG Logo
 

We also value the contributions of our partnerships and relationships with Universities, Farmers, Investor Groups, Government organizations and 39 North AgTech /Plant Science Innovation Division

Office building

 

39°N

CoverCress Inc. is located right in the middle of 39N, a complete Ag tech innovation district located in St. Louis.
CoverCress Inc. has office and lab space at the Helix Center,
uses molecular genetic lab space at Bridge Park
and does all greenhouse and tissue culture work at the Danforth Center.
https://stlpartnership.com/global-center-of-agtech/

 

CoverCress Inc. - Company Development & Milestones

 

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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