Solugen

Solugen

Produces sustainable molecules using enzymes

About

Solugen produces essential molecules using enzymes, which are proteins that accelerate chemical reactions. Their main product, the Bioforge, is a carbon-negative molecular manufacturing platform that removes more carbon dioxide from the atmosphere than it emits, making it environmentally friendly. This technology combines fermentation and traditional petrochemical processing to create valuable molecules from inexpensive feedstocks like corn syrup. Solugen serves various industries, including medicine, green building materials, water treatment, food safety, personal care, and bioplastics, by providing sustainable and non-toxic ingredients. Unlike competitors, Solugen's focus on enzyme-based production and its ability to scale while minimizing waste sets it apart. The company's goal is to lead the market in green and sustainable chemistry by offering cost-effective, eco-friendly solutions.

Company Stage

Debt Financing

Employees

51-200

Industries

Energy, Biotechnology

Total Funding

$648.9M

Headquarters

Houston, Texas

Founded

2016


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Simplify's Take

What believers are saying

  • $213M DOE loan boosts Solugen's production capabilities and market share.
  • Partnership with Kurita America enhances Solugen's presence in water treatment sector.
  • SOCMA membership facilitates strategic collaborations and industry expertise access.

What critics are saying

  • Over-reliance on ADM for dextrose supply poses supply chain risks.
  • Departure of key executives may impact leadership stability and strategic direction.
  • Rapid expansion could strain resources and lead to operational challenges.

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.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

6%

2 year growth

6%

Benefits

Flexible Work Hours

Hybrid Work Options

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