Osmo Raises $70M in Series B Funding to Scale AI-Powered Olfaction Technology

The digital scent design company plans to democratize scent design across industries with its proprietary AI platform.

Feb. 4, 2026 at 8:07am

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Osmo, a digital scent design company, has announced the completion of a $70 million Series B funding round, bringing its total capital raised to $130 million. The round was led by Two Sigma Ventures, with participation from new and existing investors. Osmo will use the funding to scale its proprietary AI-powered olfaction technology, Olfactory Intelligence, across multiple sectors, enabling enterprises to reduce fragrance costs and accelerate time-to-market, while empowering emerging brands to create custom fragrance development at accessible price points.

Why it matters

Osmo's technology represents a significant advancement in the field of digital olfaction, allowing companies across various industries to harness the power of scent to improve products and experiences. By democratizing access to custom fragrance development, Osmo is poised to disrupt the traditional fragrance industry and unlock new applications for AI-powered olfaction, from healthcare diagnostics to environmental monitoring.

The details

Osmo's Olfactory Intelligence platform enables the entire product lifecycle from formula creation through manufacturing and packaging, allowing clients to scale efficiently from initial concept to market. The company is deploying its AI-powered olfaction technology to serve both global consumer product companies and emerging brand clients across commercial sectors.

  • Osmo was launched 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.

The players

Osmo

A digital scent design company that is unlocking a new world of fragrance through a combination of proprietary molecular data, machine learning, and human artistry.

Alex Wiltschko

The CEO and Founder of Osmo, who is an olfactory neuroscientist and Harvard PhD.

Colin Beirne

A Partner at Two Sigma Ventures and new Osmo board observer.

Mike Rytokoski

Osmo's new Chief Commercial Officer, with 30 years of CPG experience from leadership roles at Unilever, Clorox, and Goodyear.

Boet Brinkgreve

An independent board member at Osmo, with over 20 years of experience at the intersection of science and premium consumer markets, having led operations at dsm-firmenich and the fragrance division at Richemont.

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What they’re saying

“Osmo proves this technology works commercially, democratizing access to custom fragrance development that was previously available only to brands spending millions. But fragrance is just the beginning. We're backing the infrastructure layer for digital olfaction, with applications spanning healthcare diagnostics to environmental monitoring.”

— Colin Beirne, Partner at Two Sigma Ventures and new Osmo board observer

“What excites me most is that we're building technology that will fundamentally change how entire industries harness the power of scent to improve the health and wellbeing of humans.”

— Alex Wiltschko, CEO and Founder of Osmo

What’s next

Osmo plans to use the funding to scale its Olfactory Intelligence technology across multiple sectors, enabling enterprises to reduce fragrance costs and accelerate time-to-market, while empowering emerging brands to create custom fragrance development at accessible price points.

The takeaway

Osmo's AI-powered olfaction technology represents a significant breakthrough in the field of digital scent design, with the potential to transform industries ranging from consumer products to healthcare. By democratizing access to custom fragrance development, the company is poised to disrupt the traditional fragrance industry and unlock new applications for this transformative technology.