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  • San Diego-based Allylix, developer of chemicals used for the flavor and fragrance, food, cosmetics, and other markets, has raised $18.2M in a funding round, according to lead investor BASF Venture Capital GmbH. According to BASF, it invested $13.5M in Allylix, with the remainder of the round coming from existing investors Tate & Lyle Ventures, Avio Ventures, and Cultivian Ventures.
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