Solugen Stock

solugentech.comIndustrialFounded: 2016Funding to Date: $630.57MM

Solugen is a biotech company producing high-performance chemicals from plant-derived substitutes.

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Enterprise Value (based on primary financings)

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Team

Management Team

Sean Hunt Ph.D
Co-Founder, Chief Technology Officer & Board Member
Gaurab Chakrabarti Ph.D
Co-Founder, Chief Executive Officer & Board Member

Board Members

Gaurab Chakrabarti Ph.D
Brian Singerman
Founders Fund
Seth Bannon
Fifty Years
Sean Hunt Ph.D

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News

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.