About Solugen
Solugen is a company based in Houston (United States) founded in 2016 by Sean Hunt and Gaurab Chakrabarti. It operates as a Product-as-a-Service and Professional Services. Solugen has raised $686.05 million across 9 funding rounds from investors including MIT, Bank of America and BlackRock. Solugen offers products and services including Bioforge Platform, Oil & Gas Solutions, and Renewable Fuels Solutions. Solugen operates in a competitive market with competitors including UPM Biochemicals, Innomost, BluumBio, Fermelanta and Pharem, among others.
- Headquarter Houston, United States
- Founders Sean Hunt, Gaurab Chakrabarti
- Stage Unicorn
- SectorsEnvironmentChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website solugen.com
- Social LinkedIn X Instagram YouTube
- Total Equity Funding$686.05M (USD)
in 9 rounds
- Latest Funding Round$200M (USD), Series D
Nov 2022
- InvestorsMIT
& 16 more
Products & Services of Solugen
Solugen offers a comprehensive portfolio of products and services, including Bioforge Platform, Oil & Gas Solutions, and Renewable Fuels Solutions.
A platform for efficient chemical manufacturing is provided.
Solutions for oilfield productivity enhancement are delivered here.
Feedstock quality for renewable fuels is improved significantly.
Apps and channels of Solugen
its YouTube channel Solugen has 136 subscribers and 8 videos.
Videos from Solugen
The most watched videos on Solugen's YouTube channel, Solugen (136 subscribers). Click a video to play it here.
More on Solugen.
Funding Insights of Solugen
Solugen has successfully raised a total of $686.05M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $686.05M
- Total Rounds 9
- Last Round Series D — $200M
- First Round $10,000
(Jun 2016)
- Investors Count 17
All 9 funding rounds of Solugen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $200M | Series D | $2B | Kinnevik, Lowercarbon Capital | |
| Sep 2021 | $357M | Series C | $1.8B | Baillie Gifford, GIC | |
| Jul 2020 | $30M | Series B | – | – | – |
| Jul 2020 | $30.15M | Series B | – | – | – |
| May 2019 | $32M | Series B | – | Founders Fund | |
| Oct 2018 | $19M | Series A | – | – | |
| Oct 2018 | $13.5M | Series A | – | – | – |
| Oct 2017 | $4.4M | Seed | – | – | |
| Jun 2016 | $10,000 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2022 | $2B | •••••••• |
| Sep 2021 | $1.8B | •••••••• |
Last known valuation $2B (Nov 2022). 17 investors in total: 17 institutional.
Investors in Solugen
Solugen has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include MIT, Bank of America and BlackRock.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Venture capital fund focused on tech startups | – | lowercarboncapital.com | New York, United States | |
Seed and early-stage investments are made across US and India. | – | refactor.com | Burlingame, United States | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Venture capital firm focused on multiple sectors | – | fiftyyears.com | San Francisco, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | – | gic.com.sg | Singapore, Singapore | |
Carbon Direct Capital is focused on investing in carbon management companies. | – | carbondirectcapital.com | New York, United States | |
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Early-stage investments are made in frontier science ventures. | – | kdtvc.com | Black Mountain, United States |
Investor details for Solugen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Solugen
53 people are tracked at Solugen (19 in leadership, 34 in team).
| Name | Role | Group |
|---|---|---|
Sean Hunt | Co-Founder & CTO | Leadership |
Gaurab Chakrabarti | Co-Founder & CEO | Leadership |
Kenneth Keckler | Chief Engineer | Leadership |
Danielle Crouthers Fair | Director Of Process Chemistry & Analytics | Leadership |
Alexis Lucio | Executive Assistant To CEO & Cto/co-founders | Leadership |
Philipp Wiemann | Director Of Biotechnology & Bioprocessing | Leadership |
Kenneth Parker | Director Of Safety, Health, And Environment | Leadership |
Max Park | Director Of Project Engineering | Leadership |
Chuck Shehadi | Chief Operating Officer | Leadership |
Abdul Siraj | General Manager of Manufactured Products | Leadership |
Sean Liu | CFO | Leadership |
Kevin Poe | Vice President Of Emerging Markets | Leadership |
Alan Allen | Vice President, Information Technology | Leadership |
Will Crimmins | VP, Strategic Accounts | Leadership |
Steven Hosokawa | Head Of Finance | Leadership |
Caitlin Molloy | Vice President Of Manufacturing | Leadership |
Neil Jason Williams | Head Of Sourcing | Leadership |
Tomás Wilson | Vice President Of Engineering | Leadership |
Avery Schulz | Vice President Of Strategy | Leadership |
Matthew Mosley | Plant Manager | Team |
33 more people are available in the full profile.
Complete people profiles for Solugen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Solugen
4 dated milestones of Solugen across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Solugen is founded.
- Funding First funding round of $10K.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $200.0M.
Competitors of Solugen
Solugen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UPM Biochemicals, Innomost, BluumBio, Fermelanta and Pharem, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upmbiochemicals.com | 1996 | Helsinki, Finland | – | – | Wood-based biochemical manufacturer | |
| innomost.com | 2016 | Kokkola, Finland | $6.87M | – | Manufacturer of green chemicals from wood waste | |
| bluumbio.com | 2021 | Berkeley, United States | $125,000 | – | Bio-based technologies for remediating soil, air, and water are developed. | |
| fermelanta.com | 2022 | Nonoichi, Japan | $21.43M | – | Provider of a biotech company that uses microbial fermentation to produce plant-based chemicals, including secondary metabolites for use in medicines, cosmetics, and health foods | |
| pharem.se | 2013 | Uppsala, Sweden | – | – | Provider of water treatment technology | |
| chaincraft.com | 2010 | Amsterdam, Netherlands | $10.91M | – | Food waste is converted into circular chemicals through fermentation processes. | |
| bio-sep.com | 2010 | Melton Mowbray, United Kingdom | $3.39M | – | Biomass is converted into cellulose using ultrasound-based solutions. | |
| co2solutions.com | 1997 | Quebec, Canada | – | – | Enzyme-enabled carbon capture | |
| infusionbiosciences.com | 2016 | Toronto, Canada | – | – | Oils, cannabinoids, terpenes, and related products are manufactured. |
Detailed competitors of Solugen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Solugen
The website of Solugen (solugen.com) receives about 9.4K visits a month.
- Monthly visits9.4K
▲ 12.5% vs previous month
Websites whose visitors overlap most with Solugen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
jjkellersafety.com | jjkellersafety.com | 100% | – | #1,445,472 | – |
Latest news on Solugen
Complete news archive for Solugen
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Solugen
10 companies that operate in the same segment as Solugen (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about Solugen
Solugen was founded in 2016.
Solugen is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Gaurab Chakrabarti is the current CEO of Solugen. They have also founded this company.
Solugen is a funded company, having raised a total of $686.05M across 9 funding rounds to date. The company's 1st funding round was a Grant of $10K, raised on Jun 2016.
Chemical manufacturing solutions are developed by Solugen using the Bioforge platform. Focus is placed on industries like oil gas, renewable fuels, defense, and water treatment. Sustainable feedstocks and efficient processes are utilized to reduce costs. Performance is enhanced through localized supply chains and modular technology. Partnerships are prioritized to address complex industrial needs collaboratively.
Solugen's top competitors include ChainCraft, Innomost and UPM Biochemicals.
Solugen offers Bioforge Platform, Oil & Gas Solutions, and Renewable Fuels Solutions.
Solugen has 17 investors. Key investors include MIT, Bank of America, BlackRock, Baillie Gifford, and Temasek.
The valuation of Solugen is $2B as of Nov 2022.