BacAlt raises $2M for bacterial cellulose, poly gamma glutamic acid platform
In Bengaluru, India, BacAlt Biosciences has raised INR 18 crore (US$2.0 million) to fund R&D, add staff, and advance to pilot-scale production. Founded in 2023 by Pranav Nair and Shruti Kutmutia, BacAlt Biosciences converts crop residues into bacterial cellulose and poly gamma glutamic acid. Derivatives of these products have applications in cosmetics, textiles, and agriculture. […]
