The funding round was led by Avaana Capital and also saw participation Lubrizol InnoVentures
The biotech startup plans to use the capital to scale up its research and development (R&D) process, build production facilities, and expand its team
BacAlt produces biopolymers and bio-based actives that can be used in making home and personal care products and more
Bengaluru-based BacAlt Biosciences has raised INR 18 Cr (around $2 Mn) in its pre-seed funding round led by…

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