BioAmber Inc. has completed its Series C round of financing with net proceeds of $30 million. The investment by LANXESS is the culmination of a strategic collaboration in the field of renewable, phthalate-free plasticizers. Concurrent with the investment, LANXESS will be joining the BioAmber board of directors and has named Jorge Noguiera as its board representative. Jorge Nogueira is the Head of LANXESS' Functional Chemicals business unit. Mr. Nogueira has over 30 years of chemical industry experience, working for leading multinationals in the United States, Europe, Asia and Latin America.