The AI-powered startup focused on identifying new fragrance molecules and creating perfumes has raised USD 70 million in new funding. The round was led by Two Sigma Ventures, with participation from new investors including Valor, Atreides, Amplo, Alumni Ventures, Collab Fund, Lumina Partners, and Patrick Collison (CEO and Co-Founder of Stripe), alongside existing investors. This latest round brings Osmo’s total funding to USD 130 million.

Osmo said it will utilize the funding "to democratize scent design" by scaling its proprietary AI-powered technology across multiple sectors.

The company stated that its technology led to more published fragrance ingredient patents in 2025 than all of the other major industry players combined.

“Osmo is changing the way fragrance molecules are discovered and developed,” said Alex Wiltschko, CEO and Founder of Osmo. “In just two years, we’ve demonstrated that AI can deliver tangible value in molecular discovery. The question now is no longer whether this technology works, but how industries will adapt to deploy it most effectively.”

“We’re not just finding individual molecules, we’re discovering entirely new ingredient families. While a traditional patent might cover one or two molecules, ours can include 50 to 250 new molecules built around novel core structures that have never been explored in fragrance,” added Ben Amorelli, Director of Chemistry at Osmo.

In conjunction with the funding announcement, Osmo expanded its executive leadership team to drive the company’s commercial expansion. The new C-suite includes:

– Mike Rytokoski as Chief Commercial Officer, bringing 30 years of CPG experience from leadership roles at Unilever, Clorox, and Goodyear. He most recently served as President for ingredients and fragrances at Amyris.
– ex Phoenix Flavors & Fragrances, Givaudan, and IFF, Mateusz Brzuchacz, as Chief Operating Officer.
– Nate Pearson, as Chief Financial Officer (CFO). He who most recently served as VP of Finance for Mercedes-Benz’s North American EV charging platform.

Additionally, Osmo welcomed Boet Brinkgreve as an independent board member. Boet brings 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.