# Solugen

> Chemi-enzymatic Bioforge platform making low-carbon chemicals from plant sugars instead of petroleum.

## Why it is interesting

Houston climate-manufacturing scale-up: $640M+ venture capital (Founders Fund, GIC, Temasek, BlackRock, etc.) plus $213.6M DOE loan commitment for Bioforge Marshall — HQ/R&D stays in Houston.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** growth
- **Status:** private
- **Industries:** climate-tech, deep-tech, biotech-life-sciences
- **Coverage:** full
- **Last updated:** 2026-07-26

## Key facts

- DOE LPO (Jun 2024): $213.6M conditional loan guarantee for Bioforge Marshall
- Venture capital $640M+ reported (Baillie Gifford, GIC, Temasek, BlackRock, Founders Fund, Fifty Years, Refactor)
- HQ + R&D: Houston; Midwest manufacturing expansion with ADM
- Product: plant-sugar → specialty chemicals replacing fossil routes

## Funding history

- DOE loan commitment · $213.6M · June 2024
  Source: https://www.prnewswire.com/news-releases/solugen-secures-conditional-commitment-for-213-6m-doe-loan-guarantee-bolstering-us-leadership-in-green-manufacturing-and-domestic-chemical-production-302171584.html

## Investors in our directory

- https://venturecapitaltracker.com/fund/founders-fund

## Related articles

- https://venturecapitaltracker.com/houston-startups-and-vc-firms-2026

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** July 26, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/solugen