BacAlt Biosciences raises Rs 18 crore in round led by Avaana Capital; startup valued at $8 million
Published on: Sept. 11, 2025, 6 a.m. | Source: The Economic Times
Lubrizol InnoVentures, the innovation arm of global speciality chemicals provider Lubrizol, participated in the round. The funds will be used to scale the firm’s R&D processes, build pilot production facilities, expand its team, and develop go-to-market strategies.
