SmartLabs Announces $250 Million Series B and Update of Proprietary Laboratory OS
21 Sep, 2021
– Solugen, the company decarbonizing the chemicals industry, announced a Series C financing round of over $350m.
– GIC and Baillie Gifford led the round with participation from Temasek Holdings.
– 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.