Carolyn Fritz, M.B.A

September 8, 2018


Carolyn Fritz, M.B.A. has over twenty years of experience in successfully building industrial biotechnology businesses. From 2004-2014, she built Allylix from a startup, raising $34 million in venture financing, creating a pipeline of products for the flavor & fragrance and insect control markets, establishing key strategic partnerships, and scaling up and commercializing the first two products, to the successful sale of the company to a European biotechnology company, Evolva, in 2014. From 1999 to 2004, at Dow Chemical, she built a renewable chemical business and a biopharmaceutical contract manufacturing business. From 1993 to 1999, at Cargill, she built a plant biotechnology business focused on developing new food ingredients and industrial products from canola oil. As part of the Afingen team, she places particular emphasis on strategy and commercialization plans to penetrate the markets and build the company.