Tech Company Financing Transactions

Solugen Funding Round

Baillie Gifford, GIC and BlackRock participated in a $350 million Series C funding round for Solugen. The financing round was announced on 9/10/2021.

Transaction Overview

Company Name
Announced On
9/10/2021
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Series C
Investors

Baillie Gifford (Lead Investor) (Kirsty Gibson)

GIC (Lead Investor)

BlackRock

Carbon Direct

Fifty Years (Seth Bannon)

Refactor Capital (David Lee)

Temasek Holdings

Proceeds Purpose
The latest round of funding will be used to expand Solugen's Bioforge technology platform, which is used to produce lower-carbon and carbon-negative chemicals & materials for its key customers, and to expand the reach of Solugen's product portfolio.

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
14549 Minetta St.
Houston, TX 77035
USA
Email Address
Overview
Our patented approach takes advantage of bio-inspired reactions to uses plant starch as a low-cost feedstock to produce chemicals through an extremely efficient synthesis reaction.
Profile
Solugen LinkedIn Company Profile
Social Media
Solugen Company Twitter Account
Company News
Solugen News
Facebook
Solugen on Facebook
YouTube
Solugen on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gaurab Chakrabarti
  Gaurab Chakrabarti LinkedIn Profile  Gaurab Chakrabarti Twitter Account  Gaurab Chakrabarti News  Gaurab Chakrabarti on Facebook
Chief Operating Officer
Travis Thibodeaux
  Travis Thibodeaux LinkedIn Profile  Travis Thibodeaux Twitter Account  Travis Thibodeaux News  Travis Thibodeaux on Facebook
Chief Technical Officer
Sean Hunt
  Sean Hunt LinkedIn Profile  Sean Hunt Twitter Account  Sean Hunt News  Sean Hunt on Facebook
Controller
Alan Pike
  Alan Pike LinkedIn Profile  Alan Pike Twitter Account  Alan Pike News  Alan Pike on Facebook
Vice President
Frederyk Ngantung
  Frederyk Ngantung LinkedIn Profile  Frederyk Ngantung Twitter Account  Frederyk Ngantung News  Frederyk Ngantung on Facebook
VP - General Counsel
Karina Amelang
  Karina Amelang LinkedIn Profile  Karina Amelang Twitter Account  Karina Amelang News  Karina Amelang on Facebook


 

 

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Prev: 9/10/2021: Fin venture capital transaction
Next: 9/10/2021: Smartwyre venture capital transaction

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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