Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021

Late last year, Solugen, a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Instead, the Houston-based bio-manufacturing company raised an internal round of roughly $30 million from existing investors and … Continue reading Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021