Tech Company Financing Transactions
CoverCress Funding Round
CoverCress, based in St. Louis, received $5 million in funding from Fulcrum Global Capital, Hermann Companies and Leaps by Bayer.
Transaction Overview
Company Name
Announced On
4/17/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Fulcrum Global Capital (Lead Investor) (John Peryam)
Hermann Companies (Lead Investor) (Rick Holton)
Proceeds Purpose
This new funding supports CoverCress' planned commercialization in the fall of 2021,with the goal of ultimately growing to millions of acres across the southern Midwest.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1100 Corporate Sq. Dr. 135
St. Louis, MO 63132
USA
St. Louis, MO 63132
USA
Phone
Website
Email Address
Overview
CoverCress is a renewable fuel company - leading developer of Field Pennycress. Pennycress grows in corn & soybean crop rotation offering farmers a winter crop & cover crop. Pennycress oil - Biodiesel & Aviation Jet Fuel feedstock & meal - cattle feed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Steiner
Chief Operating Officer
Michael DeCamp
Chief Technical Officer
Timothy Ulmasov
VP - Operations
Cris Handel
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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