Osmo Secures $8.5 Million in Investment Round

Osmo, a pioneer in machine olfaction from Cambridge, has secured a combined $8.5 million from the Bill & Melinda Gates Foundation. The fresh capital comes in two parts: a $3.5 million grant and a $5 million equity investment. Osmo is set to enhance its AI-driven scent technology, focusing on the development of compounds with the power to either attract or repel. This funding marks a significant step forward for the innovative startup, directly supporting its strategic growth objectives.