Allylix Garners $3,000,000 Series C Round

  • Feed Type
  • Date
    4/14/2010
  • Company Name
    Allylix
  • Mailing Address
    6020 Cornerstone Court San Diego, CA 92121
  • Company Description
    Allylix has developed proprietary technology that allows it to produce a group of natural products called terpenes at low cost. In nature, terpenes are produced by plants in minute quantities to serve a number of different functions. Some are flavors and fragrances, while others are anti-fungal and anti-viral and still others are insect repellents. Because of this, terpenes have significant commercial value to the flavor and fragrance, insect repellent and pharmaceutical industries.
  • Website
    http://www.allylix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Securing this round of funding allows the company to commercialize its initial three products for the flavor and fragrance industry, and allows it to advance other products in its already mature pipeline.
  • M&A Terms
  • Venture Investor
    Midland Capital Partners
  • Venture Investor
    Bluegrass Angels
  • Venture Investor
    Life Science Angels
  • Venture Investor
    Tech Coast Angels
  • Venture Investor
    Pasadena Angels

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