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Business
Fragrance Developer Wins Venture Funds
December 10, 2007
| A version of this story appeared in
Volume 85, Issue 50
Allylix, a developer of flavors and fragrances made via fermentation, has secured $3.35 million in financing from investors including Tech Coast Angels, Life Science Angels, and the venture capital arm of food ingredient producer Tate & Lyle. Allylix says it plans to use the funds to launch its first three products. One of them is nootkatone (shown), a sesquiterpene currently extracted from grapefruit peels.
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