Solugen
Team size: 51 - 200
Sector: Manufacturing and materials
About Solugen
Company revenue: US$ 500 million - 1 billion
Investors: Carbon Direct, Lowercarbon Capital, Massachusetts Institute of Technology, Temasek Holdings, Y Combinator
Company stage: Series C Plus
Solugen is a venture-backed biotech company that replaces petroleum-based products with plant-derived substitutes. They combine the elements of fermentation with the elements of petrochemical processing to create the carbon negative molecular manufacturing platform. They produces chemicals from bio-based feedstocks and is based on breakthroughs in synthetic biology, metal catalyst engineering, and modular plant design. Its solutions will also address clean water, sustainable materials, safer food, and healthy personal care.