Solugen was founded in 2016 by Gaurab Chakrabarti and Sean Hunt. While the company has not disclosed specific plans to pursue an IPO, CEO Chakrabarti has said that he's open to the idea of an eventual public offering, but going public through an acquisition isn't "terribly interesting to me." These comments should not be interpreted to mean that the company is formally pursuing or foregoing 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. The company was ranked the World's Second Most Innovative Company on Fast Company's 2022 list. Solugen has raised more than $440 million in venture capital funding from investors including Baillie Gifford, GIC, Temasek Holdings, BlackRock, Carbon Direct Capital Management, Refactor Capital, and Fifty Years. A $357 million Series C round resulted in a $1.5 billion valuation.

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What is Solugen's ticker symbol?

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What is Solugen's stock price?

The stock price for Solugen will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).

Who are Solugen's major investors?

Baillie Gifford
Temasek Holdings
Valor Equity Partners
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 IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
10/31/2022 Series D $200MM raised $XXX.XX $XXX.XX
9/9/2021 Series C-1 and C-2 $358.37MM raised $XXX.XX $XXX.XX
5/22/2019 Series B-1 $31.43MM raised $XXX.XX $XXX.XX
4/23/2019 Series B $21MM raised $XXX.XX $XXX.XX
10/17/2018 Series A-1, A-2, A-3, A-4, A-5, A-6, A-7, A-8 and A-9 $19.77MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Solugen funding to date?

Solugen has raised $630.57MM to date.
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When was Solugen founded?

Solugen was founded in 2016.
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Can you invest in Solugen?

Solugen is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Solugen share pre-IPO?

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Is Solugen a publicly traded company?

Solugen is a private company and not publicly traded.

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Updated on: Nov 2, 2022