Osmo Raises $70M Series B To Expand AI-Powered Fragrance Ingredient Design And Manufacturing

The funding will help the company scale its Generation platform for custom fragrance formulations and manufacturing.

Published on Feb. 4, 2026

Got story updates? Submit your updates here. ›

Osmo, a startup that uses AI to design and manufacture custom fragrance ingredients, has raised $70 million in a Series B funding round. The new capital will be used to expand the company's Generation platform, which allows brands to input parameters to generate unique fragrance formulations, and to build out a 60,000-square-foot manufacturing facility in New Jersey. Osmo aims to shorten fragrance development timelines and offer lower minimum order quantities than traditional fragrance suppliers.

Why it matters

Osmo's model represents a shift in the fragrance industry, coupling AI-powered ingredient design with in-house production to serve both fast-growing indie brands and larger CPG companies seeking greater speed and flexibility. This approach challenges the dominance of the industry's 'big four' fragrance ingredient suppliers, who have also incorporated AI into their R&D processes.

The details

The Series B round was led by Two Sigma Ventures, with participation from several other investors. This brings Osmo's total funding to $130 million after a $60 million Series A in 2023. The new capital will be used to scale Osmo's Generation platform, which launched in 2025 with proprietary, AI-designed synthetic fragrance molecules, and to build out the company's 60,000-square-foot manufacturing facility in New Jersey. Osmo aims to turn around custom fragrance formulations in as little as 48 hours, with minimum order quantities starting at 500 units per SKU for turnkey projects and 10 kilograms for fragrance oil.

  • Osmo launched in January 2023 with a $60 million Series A round.
  • The Generation platform launched in March 2025.
  • Osmo is in the process of moving its operations from a 10,000-square-foot lab in Manhattan to the new 60,000-square-foot facility in New Jersey, which is slated to be fully operational by March.

The players

Osmo

A startup that uses AI to design and manufacture custom fragrance ingredients.

Alex Wiltschko

The CEO and founder of Osmo, who previously worked as a research scientist at Google Brain.

Mike Rytokoski

Osmo's new Chief Commercial Officer, formerly of Unilever and Amyris.

Mateusz Brzuchacz

Osmo's new Chief Operating Officer, who previously held roles at Givaudan and IFF.

Nate Pearson

Osmo's new Chief Financial Officer, who has worked at Tesla and Mercedes-Benz.

Got photos? Submit your photos here. ›

What they’re saying

“Our business model is very simple. We don't launch brands, we don't market brands, we don't distribute. We are in the background. We help brands create beautiful scents at the speed of culture using data because we want our customers to win with their consumers.”

— Alex Wiltschko, CEO and founder, Osmo (beautyindependent.com)

“Historically, fragrance has been incredibly inaccessible and gated. If you're a brand wanting to create something truly unique, you've needed years of formal training, deep industry connections or millions of dollars in capital to access custom fragrance development at a large fragrance house. We're changing that.”

— Alex Wiltschko, CEO and founder, Osmo (beautyindependent.com)

“They understood my vision and were able to translate it into a formula that felt plucked directly from my imagination. It was the perfect balance of innovation, tradition and collaboration.”

— Alice Panikian, Founder, Kindred (beautyindependent.com)

What’s next

Osmo's new 60,000-square-foot manufacturing facility in New Jersey is slated to be fully operational by March.

The takeaway

Osmo's AI-powered approach to fragrance ingredient design and manufacturing is disrupting the traditional fragrance industry, offering faster turnaround times and lower minimum order quantities to serve both indie brands and larger CPG companies. This model challenges the dominance of the industry's 'big four' suppliers and democratizes access to custom fragrance development.