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AI-powered fragrance company Osmo raises $70 million in Series B funding led by Two Sigma Ventures to enhance agility in the fragrance industry.
PRIVATEFeb 04, 2026•8 months ago
Amount Raised
$70 Million
Round Type
Series B
New YorkSoftwareArtificial Intelligence
Investors
Patrick CollisonAlumni VenturesTwo Sigma Ventures
Description
Osmo has secured $70 million in Series B funding, led by Two Sigma Ventures. The funding will help expand its executive team and enhance its operations. CEO Alex Wiltschko emphasized the need for agility in the fragrance industry. The company aims to revolutionize how scents are perceived and marketed.
Company Information
Company
Osmo
Location
New York, New York, United States
About
Osmo is unlocking a new world of fragrance through a combination of proprietary molecular data, machine learning, and human artistry. Olfactory neuroscientist and Harvard PhD Alex Wiltschko launched Osmo in 2022 as a spin-off from Google Brain. In 2024, Osmo achieved Scent Teleportation, the world's first full digitization of scent with no human intervention, and has created the industry's largest structured scent data library. Osmo works with global and emerging brands to develop fragrances from formula creation through manufacturing and packaging with its AI-powered olfaction technology called Olfactory Intelligence. Applications include enabling enterprises to reduce fragrance costs and accelerate time-to-market, while empowering emerging brands to create custom fragrance development at accessible price points. Backed by Lux Capital, Google Ventures, and Two Sigma Ventures, Osmo is building the future of scent.
Fundz sees it the moment Osmo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
New YorkSoftwareArtificial Intelligence