Texas startup Solugen says abortion law will cause it to hire elsewhere

[Yo_Mama_Been_Loggin]

Solugen, a Houston-based chemicals startup backed by top Silicon Valley investors, plans to open a new R&D facility outside of Texas because many of the state's social policies — including its new abortion ban — are making it difficult to recruit employees.

By the numbers: Solugen currently has about 115 employees, most of whom work out of its Houston headquarters. It plans to more than double its R&D capability over the next two years, representing around 100 jobs, with most of those expected to be located in a new facility that it will locate in either California or Massachusetts.

The company has raised over $80 million in venture capital from firms like Founders Fund, Fifty Years, Lowercarbon Capital, Refactor Capital and Unicorn Venture Partners.

What they're saying: "We want to make sure we're hiring the top enzymologists and chemical engineers," says Solugen CEO Gaurab Chakrabarti, who grew up in Houston.

https://www.yahoo.com/news/texas-startup-solugen-says-abortion-161751839.html

[spooky3]

1. Glad to have one answer to a question I asked earlier

https://www.democraticunderground.com/100215810690

I hope other companies do the same.

[CTyankee]

2. I hope they will consider Connecticut. Lots of lovely little towns, close to Manhattan, and

great schools. You would love New Haven for its beautiful Green and the vigor that having Yale here bestows.