Board Member
President, Fritz Consulting LLC

Carolyn Fritz has over twenty years of experience in successfully building industrial biotechnology businesses. From 2004 - 2014, she built Allylix from a start-up, raising $34 million in venture financing, creating a pipeline of products for the flavor & fragrance and insect control markets, establishing key strategic partnerships, scaling up and commercializing the first two products to a successful sale of company to a European biotechnology company 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. She is currently advising multinational and early stage companies in defining and building renewable chemical businesses.

Ms Fritz is member of Athena Board of Directors, served as a member of the Biotechnology Industry Organization Board from 2007-2014, as a board director of Allylix Inc from 2005-2014 and a board member of Innovase, a Dow Chemical - Diversa industrial enzyme joint venture, from 2002-2004. Ms. Fritz has an M.B.A from the Wharton School of the University of Pennsylvania, an M.S. from George Washington University and a B.S. in Mechanical Engineering from Iowa State University. 

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