Skip to main contentSkip to navigationSkip to search

Solugen

Kinnevik Stake
2%
Manufacturer of innovative chemical solutions that are safer, more cost-effective, and have a lower-carbon footprint

What They Do & Why Kinnevik is Invested

Houston-based Solugen’s innovative platform harnesses AI-driven enzymes (living organisms that act as catalysts to bring about specific biochemical reactions) and precious metal catalysts to convert bio-based feedstock (like sugar) into high-yield, low-carbon chemicals. With this proprietary process, Solugen reimagines chemical manufacturing by bypassing the limitations of traditional, petroleum-based methods. The result is safer, more cost-effective and more environmentally friendly chemical products.

The company’s modular, lower-capex plants (Bioforges) drive efficiency, reduce emissions and mitigate supply chain risks while serving critical (and very large) industrial markets. Solugen has several products in the market that address customer needs in a range of sectors (such as energy, defense, water treatment, agriculture and construction) and has a broad pipeline of additional molecules in development.

Kinnevik is attracted to Solugen’s vision and robust (and patented) technology in decarbonizing the chemicals industry. Additionally, we believe the founders are very well placed to execute on this through their deep expertise in science and engineering as well as their commercial nous. Solugen’s approach not only offers a safer and more affordable alternative, but also positions it to meaningfully reduce global CO2 emissions and capture a significant share of its vast addressable market.

Key Information

  • Manufacturer of innovative chemical solutions that are safer, more cost-effective, and have a lower-carbon footprint
  • On a mission to decarbonize the USD 6tn chemicals industry, which accounts for 6% of global CO2 emissions
  • Leverages AI-engineered enzymes, precious metal catalysts and bio-based feedstocks to revolutionize chemical production


News in the Quarter

  • Included in Andreessen Horowitz’ American Dynamism 50 List
  • Recognized in TIME magazine’s list of the world’s top greentech companies of 2025
  • Solugen’s CEO, Gaurab Chakrabarti, was appointed to a three-year term on the Visiting Committee on Advanced Technology at the National Institute of Standards and Technology, which is part of the US Department of Commerce

Other investments