Solugen

Solugen, a Houston-based sustainable chemical manufacturer, has raised $855.8 million across multiple funding rounds, including a $200 million Series D led by Kinnevik, Lowercarbon Capital, and Refactor. The company reached a $2 billion valuation in 2022 and later secured a $213.6 million U.S. Department of Energy loan to scale operations. With top investors such as Baillie Gifford, GIC, and Founders Fund, Solugen continues to innovate in biotechnology and clean manufacturing - creating carbon-negative molecular platforms that replace petroleum-based chemicals with sustainable, plant-derived alternatives.