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
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Sectors
EnvironmentChemicals & Materials
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$686.05 M (USD)
in 9 rounds
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Latest Funding Round
$200 M (USD), Series D
Nov 02, 2022
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Investors
MIT
& 16 more
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Employee Count
Not available
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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.
People of Solugen
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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.
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.
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Venture capital fund focused on tech startups
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Seed and early-stage investments are made across US and India.
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Investor details for Solugen
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Investments & Acquisitions by Solugen
Investment portfolio details for Solugen
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Financial Statements - Solugen
Detailed financials for Solugen
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Solugen Comparisons
Peer comparison for Solugen
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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.
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Wood-based biochemical manufacturer
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Manufacturer of green chemicals from wood waste
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Bio-based technologies for remediating soil, air, and water are developed.
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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
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Provider of water treatment technology
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Detailed competitors of Solugen
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Latest news on Solugen
Complete news archive for Solugen
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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.
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.