Solugen was founded in 2016 by Gaurab Chakrabarti and Sean Hunt. Solugen has not officially endorsed a plan to participate in an IPO.
Solugen is a sustainable chemical company that is working to replace environmentally damaging petroleum-based chemicals by using simple sugars and other renewable plant-based ingredients. Per Forge data, Solugen has raised a total of $642.2 million in funding over 9 rounds. Their latest funding was raised on Oct 28, 2022, from a Series D round. Key investors include Temasek Holdings, Fifty Years, Refactor Capital, GIC, Founders Fund, Kinnevik, and Lowercarbon Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Solugen is a privately held company and is not publicly traded, therefore investing in Solugen pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Solugen before it goes public?
You can seek to sell your shares in Solugen while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Solugen shares?
To determine the value of your Solugen shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Solugen shares. You can also learn more about how to sell your private shares before getting started.
Is Solugen a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Solugen potential IPO
Will Solugen go IPO?
Solugen has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is Solugen’s IPO price?
The Solugen IPO price does not exist at this time, as Solugen is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Solugen register for Forge Markets, today.
When was Solugen founded?
Solugen was founded in 2016.
What is Solugen funding to date?
Solugen has raised $630.57MM to date.
Who are Solugen’s major investors?
Baillie Gifford
Temasek Holdings
Y Combinator
Valor Equity Partners
Founders Fund
BlackRock
Industry Ventures
Fifty Years
Array Ventures
Flight Ventures
K5 Global
Quiet Capital
Spur Capital Partners
Reform Ventures
Meron Capital
Unicorn Venture Partners
Solugen Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
10/31/2022
Series D
$200MM
$xx.xx
$2.03B
Kennivik, Lowercarbon Capital, Refactor Capital, Temasek, Baillie Gifford, Fifty Years
Price per Share
$xx.xx
Shares Outstanding
4,913,764
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kennivik, Lowercarbon Capital, Refactor Capital, Temasek, Baillie Gifford, Fifty Years
09/09/2021
Series C-2
$38.37MM
$xx.xx
$1.83B
GIC, Baillie Gifford, Temasek Holdings, BlackRock, Carbon Direct Capital Management, Refactor Capital, Fifty Years
Price per Share
$xx.xx
Shares Outstanding
1,291,444
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GIC, Baillie Gifford, Temasek Holdings, BlackRock, Carbon Direct Capital Management, Refactor Capital, Fifty Years
09/09/2021
Series C-1
$320MM
$xx.xx
$1.83B
GIC, Baillie Gifford, Temasek Holdings, BlackRock, Carbon Direct Capital Management, Refactor Capital, Fifty Years
Price per Share
$xx.xx
Shares Outstanding
8,617,106
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GIC, Baillie Gifford, Temasek Holdings, BlackRock, Carbon Direct Capital Management, Refactor Capital, Fifty Years
05/22/2019
Series B-1
$31.43MM
$xx.xx
$265.97MM
Founders Fund, Y Combinator, Refactor Capital, Fifty Years, KdT Ventures
Price per Share
$xx.xx
Shares Outstanding
4,320,287
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Y Combinator, Refactor Capital, Fifty Years, KdT Ventures
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November Private Market Update
