Bio-tech startup BacAlt Biosciences has raised $2 million (around Rs 18 crore) in a pre-seed funding round led by Avaana Capital, with participation from Lubrizol InnoVentures. Marking a strong early validation for its vision to replace petrochemical ingredients with sustainable, bio-based alternatives. Scaling R&D and Pilot Production The proceeds will be directed towards expanding R&D, … Continue reading Sustainable Innovation: BacAlt Secures $2M Pre-Seed to Replace Petrochemicals