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SUMMARY
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…
