When was Solugen founded?

Solugen was founded in 2016 and became a unicorn in 2021.

Where is Solugen located?

Solugen is headquartered in Houston, United States. It is registered at 14549 Minetta St. Houston, Texas 77035.

Who is the current CEO of Solugen?

Gaurab Chakrabarti of Solugen. They have also founded 1 company.

How many employees does Solugen have?

As of Jun 30, 2026, the latest employee count at Solugen is 137.

Is Solugen a funded company?

Solugen is a funded company, having raised a total of $656M across 8 funding rounds to date. The company's 1st funding round was a $10K Grant (prize money) round, raised on 2016.

How much is Solugen worth?

The latest valuation of Solugen is $2B as of Nov 02, 2022.

When was the latest funding round of Solugen?

Solugen's latest funding was a $200M Series D round on Nov 02, 2022, with participation from 5 investors.

Is Solugen a Chemicals Tech company?

The primary sectors of Solugen are Chemicals Tech, Air Pollution Management Tech and Water and Wastewater Management Tech.

Where does Solugen rank among its competitors?

Solugen ranks 3rd amongst 177 active competitors, of which 55 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Fermbox, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Solugen?

Solugen's top competitors include LanzaTech, Fermbox and Calyxia. Among them, Fermbox secured the most recent funding round in July, 2026.

Solugen - 2026 Company Profile, Team, Funding & Competitors

Solugen is a series D company based in Houston (United States), founded in 2016 by Sean Hunt and Gaurab Chakrabarti. It operates as a Developer of industrial solutions for oil and gas, fuels, and defense. Solugen has raised $656M in funding from investors like Founders Fund, Baillie Gifford and GIC, with a current valuation of $2B. The company has 177 active competitors, including 55 funded and 12 that have exited. Its top competitors include companies like LanzaTech, Fermbox and Calyxia.

Sectors and market segments that Solugen operate in

Solugen serves in the Chemicals and Materials Tech, Environment Tech, Sustainability Tech market segments.The primary business model of Solugen are:

Company Details

Developer of industrial solutions for oil and gas, fuels, and defense. The company’s platform technology offers efficient processes and sustainable feedstocks. It provides solutions for water treatment, cleaning, agriculture, concrete, and personal care. The company utilizes engineered enzymes and metal catalysts in its manufacturing processes.

Website: solugen.com
Social
Email ID: *****@solugen.com
Phone Number: +1 **********
Registered Address: 14549 Minetta St. Houston, Texas 77035

Key Metrics

Founded Year

2016

Location

Houston, United States

Stage

Series D

Total Funding

$656M in 8 rounds

Latest Funding Round

Series D, Nov 02, 2022, $200M

Post Money Valuation

$2B as on Nov 02, 2022

Investors

Founders Fund & 37 more

Ranked

3^rd among 177 active competitors

Employee Count

137 as on Jun 30, 2026

Similar Companies

altM & 19 more

View Solugen's full profile

Solugen is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Solugen, Inc. CIN: 32064310181 , United States, Active	Jul 10, 2017	-	-	-
SOLUGEN, INC CIN: 814013870 , United States, Active	Sep 15, 2016	-	117 (As on Dec 31, 2024)	-

Solugen has raised a total funding of $656M over 8 rounds. Its first funding round was on 2016. Its latest funding round was a Series D round on Nov 02, 2022 for $200M. 5 investors participated in its latest round. Solugen has 38 institutional investors.

Here is the list of recent funding rounds of Solugen:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2022	$200M	Series D	$2B	-	Kinnevik, Lowercarbon Capital, Refactor Capital	Baillie Gifford, Temasek
Sep 09, 2021	$357M	Series C	$1.8B	-	Baillie Gifford, GIC	Temasek, BlackRock, Refactor Capital, Fifty Years, Lowercarbon Capital, Bank of America, Carbon Direct Capital
Jul 08, 2020	$30.1M	Series B	$250M	-	-	-

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View details of Solugen's funding rounds and investors

The founders of Solugen are Sean Hunt and Gaurab Chakrabarti. Gaurab Chakrabarti is the CEO of Solugen.

Here are the details of Solugen's key team members:

Sean Hunt: Co-Founder & CTO of Solugen and founder of 2 other companies, Solugen and Solugen. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 2 email addresses
Gaurab Chakrabarti: Co-Founder & CEO of Solugen and founder of 2 other companies, Solugen and Solugen. They serve on the board of 1 company.

Solugen's Board of Directors

Solugen's board has 4 active members. Brian Singerman, Seth Bannon, Sean Hunt and Gaurab Chakrabarti are independent board members.

Here is the list of Solugen's board of directors:

Name	Type	Representing	Status	Duration
Brian Singerman	Independent board member	-	Current	7y 1m
Seth Bannon	Independent board member	-	Current	7y 8m
Sean Hunt	Independent board member	-	Current	7y 8m
Gaurab Chakrabarti	Independent board member	-	Current	7y 8m

View details of Solugen's Founder profiles and Board Members

Solugen's employee count trend

Solugen has 137 employees as of Jun 26. Here is Solugen's employee count trend over the years:

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Top competitors of Solugen include LanzaTech, Fermbox and Calyxia. Here is the list of Top 10 competitors of Solugen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LanzaTech 2005, Skokie (United States), Public	Developer of technology converting carbon-rich gases into fuels and chemicals	$869M	Malaysian Life Sciences Capital Fund, Novo Holdings ... & 28 others	70/100
2nd	Fermbox 2022, Bengaluru (India), Series A	Company focused on developing alternative animal products through microbial precision fermentation	$14.5M	3one4 Capital, Speciale Invest & 18 others	67/100
3rd	Solugen 2016, Houston (United States), Series D	Developer of industrial solutions for oil and gas, fuels, and defense	$656M	GIC, Baillie Gifford & 36 others	63/100
4th	Calyxia 2011, Bonneuil sur Marne (France), Series B	Provider of diversified green chemicals	$53.7M	Lombard Odier, Astanor & 3 others	63/100
5th	Vaulted Deep 2023, San Francisco (United States), Series A	Provider of permanent carbon removal solutions using deep underground waste injection	$32.3M	Prelude Ventures, Climate Capital & 6 others	63/100
6th	P2 Science 2011, Woodbridge (United States), Series D	Manufacturer of diversified green chemicals	$62.2M	BASF, Sofinnova Partners & 15 others	62/100
7th	altM 2022, Bengaluru (India), Seed	Deep-tech biorefinery company converting agricultural waste into sustainable biomaterials	$3.5M	Omnivore, Apex Group & 32 others	61/100
8th	Lignin 2018, Knivsta (Sweden), Series A	Provider of fossil-based plastic and fiber solutions	$11.1M	Carrickfamily, Euinnovationfund & 2 others	58/100
9th	Fermelanta 2022, Nonoichi (Japan), Series A	Provider of a biotech company that uses microbial fermentation to produce plant-based chemicals, including secondary metabolites for use in medicines, cosmetics, and health foods	$15M	Beyond Next Ventures, Angel Bridge & 9 others	58/100
10th	DMC 2014, Boulder (United States), Series C	Manufacturer of bio-based specialty chemicals	$55M	Sofinnova Partners, Breakthrough Energy & 15 others	57/100