Solugen - StartupWiki | AI Startup Research Directory

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Solugen — Startup ProfileBio-based chemical manufacturing via a modular enzymatic platformHQ: Houston, Texas, United States | Founded: 2016 | Employees: Unknown | Stage: Late Stage VC | Website: https://www.solugen.bioAboutSolugen has developed the Bioforge, a modular and reconfigurable bio-manufacturing platform that engineers enzymatic pathways to produce bio-based chemicals from sugar feedstocks rather than fossil fuels. Its first commercial product is Azogen, a low-carbon, fast-release fertilizer certified for organic farming. The company positions its platform as capable of producing genetically engineered substitutes for a range of petrochemicals used in everyday products.Key Metrics

Latest Valuation: $2B+

Last Round: $200M+ Series D

Total Funding: Not publicly aggregated

Headcount: Not disclosed

Founded: 2016

Est. Runway: 560 months (modeled, unverified)

Funding Rounds

Round: $30M (2021-01-21) — Existing investors (unspecified)

Round: $200M+ (2022-11-02) — Undisclosed

Round: $50M (2025-01-15) — Idealist Capital

Round: $213.6M (2024-06-13) — U.S. Department of Energy, Loan Programs Office

Key People

Gaurab Chakrabarti

Sean Hunt

Key Competitors

BASF —

Ginkgo Bioworks —

Yara International —

Dow Inc. —

Timeline Highlights

2025-01-15: Azogen Equity Commitment

2024-06-13: DOE Loan Guarantee

2022-11-02: Series D

2021-01-21: Internal Round

2016: Company Founded