Allylix Garners $1,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8837ccf6-cb61-4fce-8d8f-1a98e6586f80&Preview=1 - Date
11/17/2011 - 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
Debt - Transaction Amount
$1,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Includes estimated amounts receivable by the Issuer upon exercise of certain warrants to purchase the Issuer’s Common Stock; such warrants have not yet been exercised. Proceeds purposes were not disclosed. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
