{"id":960815,"date":"2025-09-11T11:09:04","date_gmt":"2025-09-11T05:39:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=960815"},"modified":"2025-09-11T11:16:37","modified_gmt":"2025-09-11T05:46:37","slug":"bacalt-biosciences-raises-rs-18-crore-in-round-led-by-avaana-capital-startup-valued-at-8-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/11\/bacalt-biosciences-raises-rs-18-crore-in-round-led-by-avaana-capital-startup-valued-at-8-million\/","title":{"rendered":"BacAlt Biosciences raises Rs 18 crore in round led by Avaana Capital; startup valued at $8 million"},"content":{"rendered":"<p>Biotech startup BacAlt Biosciences has raised Rs 18 crore in a funding round led by early-stage investment firm Avaana Capital. The company is currently valued at $8 million.<\/p>\n<p>The round also saw participation from Lubrizol InnoVentures, the innovation arm of global speciality chemicals provider Lubrizol.<\/p>\n<p>The startup will use the funds to scale R&amp;D processes, build pilot production facilities, expand its team, and develop go-to-market strategies for geographic expansion. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech startup BacAlt Biosciences has raised Rs 18 crore in a funding round led by early-stage investment firm Avaana Capital. The company is currently valued at $8 million. The round also saw participation from Lubrizol InnoVentures, the innovation arm of global speciality chemicals provider Lubrizol. The startup will use the funds to scale R&amp;D processes, build pilot production facilities, expand its team, and develop go-to-market strategies for geographic expansion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-960815","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=960815"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960815\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=960815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=960815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=960815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}