Solugen Stock

Solugen raised $200 million in mid-October, the company told Bloomberg last week. The chemical company and darling of the Texas startup industry has raised $635.2 million to date, according to Crunchbase data.

The company makes chemicals from custom enzymes and renewable feedstock. It uses dextrose, a simple sugar, and in the future it aims to convert carbon into useful products like building materials and formaldehyde-free resins.