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Allylix Adds $18 Million Venture Capital Funding

Tuesday, March 13, 2012 5:31:00 AM PDT | VentureDeal Staff
   San Diego, California  --  Biotechnology company Allylix has landed $18.2 million in new venture capital and strategic investment.

Allylix is developing terpenes at low cost for commercial applications in a variety of industries.

BASF Venture Capital leather round, which also included Cultivian Ventures and other investors.

The funding will support development and delivery of new chemical products and expanding applications for its existing products.

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