Friday, May 22, 2015 6:47:50 PM
i3 Profile Spotlight
Arvegenix Logo
Arvegenix is a company working to develop new crop traits, focusing on and specializing in a plant variety called pennycress. Pennycress is an oil-seed crop and also has the interesting property of growing well in winter, allowing Mid-Western farmers to now earn income during what has traditionally been one of the hardest parts of the year.
It’s been estimated that pennycress production can unlock an extra $75-$100/acre of value for farmers. Growing pennycress can also serve to act as a form of cover cropping, which can help protect the quality of the soil and fields, primarily with respect to moisture and nutrient retention.
The main application of for harvested pennycress is as an input in the production of biofuels, aviation fuels and livestock feed.
Arvegenix has raised $2.6 million in capital to date and has received investments from Biogenerator, Yield Lab, St. Louis Arch Angels and Cultivation Capital, among others.
Arvegenix has a profile in i3, do you own yours?
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM