Solugen Stock

solugentech.comIndustrial / MaterialsFounded: 2016Funding to Date: $630.57MM

Solugen, founded in 2016, developed a carbon-negative molecule factory, the “Bioforge”, which replaces petroleum-based products with plant-derived substitutes. The Bioforge is the first manufacturing plant in Houston, TX permitted without wastewater discharge or air emissions, and powered by renewable wind energy.

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Solugen investors also invested in these private companies

Array Ventures
Meron Capital
Unicorn Venture Partners


Management Team

Sean Hunt Ph.D
Co-Founder, Chief Technology Officer & Board Member
Gaurab Chakrabarti Ph.D
Co-Founder, Chief Executive Officer & Board Member
Xiangyu Liu
Chief Financial Officer
Travis Thibodeaux
Chief Operating Officer
Scott Robertson
Chief Commercial Officer

Board Members

Brian Singerman
Founders Fund
Seth Bannon
Fifty Years
Zal Bilimoria
Refactor Capital

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News Highlights

Solugen Raises $200M As Clean Energy Basks In Funding Spree
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.
Solugen raises $357M to make chemicals from sugar, not petroleum
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.
Updated on: Jun 15, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.