Solugen Named Among CNBC’s Disruptor 50 Companies for 2024
May 14th, 2024Award
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Solugen is recognized for its mission to decarbonize the chemical industry by using engineered enzymes and metal catalysts to convert feedstocks into chemicals.
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The company received a significant venture round of $357 million in September 2021, led by notable investors.
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Solugen's Bioforge manufacturing platform aims to reduce environmental impact and achieve carbon-neutral or carbon-negative emissions.
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The company is targeting markets in energy, agriculture, water treatment, concrete, and personal care, with strategic partnerships in place with Sasol Chemicals and ADM.
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Solugen is expanding its biomanufacturing footprint with a new 500,000-square-foot facility in Marshall, Minnesota, as it aims to replicate its successful model globally.