Solugen

Solugen

Produces sustainable molecules using enzymes

About Solugen

Simplify's Rating
Why Solugen is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Energy

Biotechnology

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$648.9M

Headquarters

Houston, Texas

Founded

2016

Overview

Solugen produces essential molecules using enzymes, which speed up chemical reactions, through its Bioforge technology, a carbon-negative manufacturing platform. This process combines fermentation and traditional petrochemical methods to create valuable products from inexpensive feedstocks like corn syrup, while minimizing waste. Solugen serves various industries, including medicine and personal care, by providing sustainable and non-toxic ingredients. The company's goal is to lead in green chemistry by offering eco-friendly solutions that meet the growing demand for safe chemical products.

YC Company
šŸ’µ
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in carbon-negative tech boosts investment, evidenced by a $213M DOE loan.
  • Collaboration with Kurita America highlights demand for sustainable industrial water treatment solutions.
  • CEO's appointment to a national advisory committee underscores leadership in sustainable technology.

What critics are saying

  • Over-reliance on government funding poses risks if future funding is reduced.
  • Departure of key executives like David Weiner may impact leadership stability.
  • Rapid expansion may strain resources and operational capabilities if not managed effectively.

What makes Solugen unique

  • Solugen's Bioforge is the first carbon-negative molecular manufacturing platform.
  • The company uses enzymes for chemical production, eliminating air and wastewater emissions.
  • Solugen combines fermentation and petrochemical processing for cost-effective, sustainable chemistry.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$648.9M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

ā†‘ 3%

1 year growth

ā†‘ 4%

2 year growth

ā†‘ 4%
PR Newswire
Jan 30th, 2025
Solugen Ceo Appointed To Department Of Commerce Advisory Committee On Advanced Technology

HOUSTON, Jan. 30, 2025 /PRNewswire/ --Ā Solugen CEO and Co-Founder, Gaurab Chakrabarti, has been appointed to the Visiting Committee on Advanced Technology (VCAT) of the National Institute of Standards and Technology (NIST), part of the U.S. Department of Commerce. This appointment highlights Solugen's commitment to advancing innovative, sustainable solutions while contributing to national initiatives on technological leadership and industrial progress

PR Newswire
Dec 11th, 2024
Companies Increasingly Turn To Socma To Navigate Industry Challenges In 2025 And Beyond

ARLINGTON, Va., Dec. 11, 2024 /PRNewswire/ -- The Society of Chemical Manufacturers Affiliates (SOCMA) announces three new members for 2025: Pilot Chemical Company, a privately held, family-owned global specialty chemical company with a 72-year legacy of innovation and customer focus, known for its ability to deliver tailored surfactant technologies and EPA-registered biocide solutions to consumer and industrial markets. Solugen, a manufacturer of innovative chemical solutions that tackle tough industrial challenges with speed, precision, and a focus on creating lasting impact for customers. Longview Strategies, an affiliate member specializing in sustainability/ESG consulting and communication services."As the landscape evolves across manufacturing, sustainability, and global trade, companies are recognizing SOCMA's essential value," said Jennifer Abril, President CEO of SOCMA. "These companies bring expertise in bio-manufacturing innovation, chemical manufacturing, and ESG leadership at a time when the industry needs strategic collaboration to thrive."

Business Wire
Aug 8th, 2024
Cauldron Appoints Former Solugen, BASF Executive David Weiner as CTO

Cauldron appoints former Solugen, BASF executive David Weiner as CTO.

Morningstar
Jul 17th, 2024
Kurita America and Solugen to Develop New Carbon-Negative Products for industrial Water Treatment

Kurita America, part of the Kurita Group, a leading global provider of industrial water treatment solutions, today announced a collaboration with Solugen, a bio-based chemical manufacturer, to develop a suite of new carbon-negative water treatment products.

Manufacturing Dive
Jun 21st, 2024
Solugen receives $213M DOE loan for biochemical facility

Solugen receives $213M DOE loan for biochemical facility.

Recently Posted Jobs

Sign up to get curated job recommendations

Solugen is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

šŸ’”
We update Solugen's jobs every 8 hours, so check again soon! Browse all jobs ā†’