# Solugen funding: rounds and investors > Solugen has raised $246M across 2 rounds since 2019. Investors include Founders Fund, Y Combinator and BoxGroup. Every round with its source. Source: https://millionrounds.com/company/solugen (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Solugen* 2 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Valuation: $2.0B, Mar 2026 Y Combinator: W17 Funding summary Updated 26 Oct 2026 **$246M** raised across 2 rounds since 2019, from 2 sources **$32M** Series B **$214M** Debt - **Latest round:** Debt, $214M Jun 2024 - **Step-up i:** 6.7× - **Investors:** 10 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 2022 2023 2024 **$32M** Series B **$214M** Debt - **First round:** Series B, $32M - **Biggest round:** $214M - **Between rounds:** 5 years ## The rounds - **Jun 2024** Debt **$214M** *5 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Founders Fund](https://millionrounds.com/fund/founders-fund) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Temasek Holdings](https://millionrounds.com/fund/temasek) [BlackRock](https://millionrounds.com/fund/blackrock) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) Source recorded - **May 2019** Series B **$32M** *5 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) [Refactor Capital](https://millionrounds.com/fund/refactor-capital) [KdT Ventures](https://millionrounds.com/fund/kdt-ventures) Reported by FinSMEs SEC filing: $20M sold, first sale Apr 2019 ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2019 **Debt** 2024 [Founders Fund](https://millionrounds.com/fund/founders-fund) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Temasek Holdings](https://millionrounds.com/fund/temasek) [BlackRock](https://millionrounds.com/fund/blackrock) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) [Refactor Capital](https://millionrounds.com/fund/refactor-capital) [KdT Ventures](https://millionrounds.com/fund/kdt-ventures) ## Everyone who backed them [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round [Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) VC firm **1** round [Refactor Capital](https://millionrounds.com/fund/refactor-capital) VC firm **1** round [KdT Ventures](https://millionrounds.com/fund/kdt-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=solugen). ## Also claim to have backed them These 5 firms list Solugen as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm Per its own site [Cantos](https://millionrounds.com/fund/cantos) VC firm Seed, per its site [Ruvento](https://millionrounds.com/fund/ruvento) VC firm Per its own site [Taurus Ventures](https://millionrounds.com/fund/taurus-ventures) VC firm Per its own site [Tuesday Capital](https://millionrounds.com/fund/crunchfund) VC firm Per its own site ## Quick answers about Solugen ### Who invested in Solugen? Solugen's investors include Founders Fund, Y Combinator, BoxGroup, Temasek Holdings and BlackRock, and 5 more on record. ### How much has Solugen raised? Solugen has raised $246M across 2 rounds since 2019. ### When did Solugen last raise? Solugen's most recent round was a Debt of $214M in Jun 2024. ### What was Solugen's biggest round? Its most recent round, $214M in Jun 2024, is also its largest on record. ### Who backed Solugen first? Solugen's first round on record, in May 2019, was backed by Founders Fund, Y Combinator and Fifty Years and 2 others. ### What stage is Solugen at? Solugen's latest named round is a Debt, in Jun 2024. ### Where is Solugen based? Solugen is based in the United States. ### Who led Solugen's rounds? Founders Fund led the Series B in 2019. ## Companies like Solugen In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app