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.

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Learn More About Solugen

To invest in Solugen pre-IPO

Can you invest in Solugen pre-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?

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Is Solugen a publicly traded company?

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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 Baillie Gifford, Fifty Years, Kennivik, Lowercarbon Capital, Refactor Capital, Temasek
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
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Fifty Years, Kennivik, Lowercarbon Capital, Refactor Capital, Temasek
09/09/2021 Series C-2 $38.37MM $xx.xx $1.83B Baillie Gifford, Blackrock, Carbon Direct Capital Management, Fifty Years, Gic, Refactor Capital, Temasek Holdings
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
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Blackrock, Carbon Direct Capital Management, Fifty Years, Gic, Refactor Capital, Temasek Holdings
09/09/2021 Series C-1 $320MM $xx.xx $1.83B Baillie Gifford, Blackrock, Carbon Direct Capital Management, Fifty Years, Gic, Refactor Capital, Temasek Holdings
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
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Blackrock, Carbon Direct Capital Management, Fifty Years, Gic, Refactor Capital, Temasek Holdings
05/22/2019 Series B-1 $31.43MM $xx.xx $265.97MM Fifty Years, Founders Fund, Kdt Ventures, Refactor Capital, Y Combinator
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
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Kdt Ventures, Refactor Capital, Y Combinator
04/23/2019 Series B $21MM $xx.xx $104.43MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
6,516,921
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/17/2018 Series A-4 $29,999.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
35,855
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-9 $49,999.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
29,881
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-5 $99,999.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
122,925
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-2 $454,998.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
988,698
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-3 $799,997.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
1,195,275
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-6 $904,993.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
901,388
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-7 $999,999.00 $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
885,347
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-8 $2.43MM $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
1,937,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
10/17/2018 Series A-1 $14MM $xx.xx $53MM Fifty Years, Founders Fund, Refactor Capital
Price per Share
$xx.xx
Shares Outstanding
6,829,600
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifty Years, Founders Fund, Refactor Capital
Updated on: Dec 21, 2024

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