Solugen Stock
| Valuation | $2.05B1 |
| Valuation Date | Oct 31, 2022 |
| Implied Valuation | n/a |
| Last Price | $40.00 |
| 52-Week High | $40.00 |
| 52-Week Low | $15.85 |
| YTD Return | +46.20% |
| 1-Year Return | +42.05% |
| 3-Year Return | n/a |
| Total Funding | $608M |
| Latest Round Amount | $200M2 |
| Latest Round | Series D |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Solugen
Solugen is a specialty chemicals company that uses a chemienzymatic Bioforge platform to convert plant-derived sugars into molecules historically made from petroleum or natural gas. It manufactures bio-based products for water treatment, agriculture, energy, construction and cleaning applications. Solugen makes money by selling those specialty and commodity chemicals to industrial and commercial customers.
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News
Solugen raises $50 million to scale production of Azogen fertilizer
Solugen announced a $50 million equity commitment led by Idealist Capital with Canada Growth Fund participation to scale Azogen organic fertilizer production.
Solugen and American Rheinmetall Munitions Partner to Make American Energetics More Affordable
Solugen announced a partnership with American Rheinmetall Munitions to expand availability of affordable U.S.-made energetics for defense applications.
Solugen CEO Appointed to Department of Commerce Advisory Committee on Advanced Technology
Solugen CEO and co-founder Gaurab Chakrabarti was appointed to a three-year term on NIST's Visiting Committee on Advanced Technology under the U.S. Department of Commerce.
Solugen Awarded DoD Contract to Advance Bioindustrial Manufacturing Capabilities
Solugen received a $2 million award under the Department of Defense Distributed Bioindustrial Manufacturing Program to develop modular production of dual-use chemical precursors.
Solugen scores $214 million loan from DOE to make chemicals from corn sugar not petroleum
Solugen locked in a roughly $214 million conditional loan commitment from the U.S. Department of Energy Loan Programs Office to finance its Bioforge Marshall plant in Minnesota.
Solugen: 2024 CNBC Disruptor 50
CNBC named Solugen to its 2024 Disruptor 50 list, highlighting the company's Bioforge platform for making chemicals from sugar instead of fossil fuels.
Solugen Breaks Ground on Bioforge™ Marshall Facility, Bolstering U.S. Biomanufacturing Capabilities
MARSHALL, Minn., April 11, 2024 /PRNewswire/ -- Solugen, a rapidly scaling climate technology company revolutionizing everyday chemicals, broke ground on its new state-of-the-art biomanufacturing faci...
Solugen and ADM Announce Strategic Partnership to Meet Increasing Demand for Sustainable Products with New Biomanufacturing Facility in the U.S. Midwest
HOUSTON & CHICAGO--(BUSINESS WIRE)--Solugen, a rapidly scaling climate technology company that is reimagining the chemistry of everyday life, and ADM (NYSE:ADM), a global leader in sustainable solutio...
EPA Announces Winners of the 2023 Green Chemistry Challenge Awards
The U.S. EPA named Solugen a 2023 Green Chemistry Challenge Award winner in the Greener Synthetic Pathways category for its Bioforge manufacturing platform.
Sasol Chemicals and Solugen will Evaluate Effectiveness of Sustainable Ingredients in Care Chemicals Applications
Sasol Chemicals and Solugen agreed to evaluate Solugen's bio-based ingredients, starting with chelating agents, for use in Sasol care chemicals formulations.
Solugen Raises Over $200 Million Series D to Reimagine the Chemistry of Everyday Life
Solugen raised over $200 million in Series D funding led by Kinnevik, Lowercarbon Capital and Refactor Capital, lifting its valuation above $2 billion.
Solugen raises $357 million to make chemicals and plastic from plants
Solugen raised $357 million in Series C funding led by GIC and Baillie Gifford at a valuation north of $1.8 billion to scale bio-based chemical production.
This Under 30 Startup Just Raised Another $32 Million To Manufacture Chemicals With Bacteria
Forbes reported Solugen's $32 million Series B led by Founders Fund to expand manufacturing of bio-based chemicals.