Osmo has closed a $70 million Series B funding round, bringing total capital raised to $130 million. 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, alongside existing backers. The investment marks a significant step in Osmo’s push to scale its AI-powered olfaction technology and broaden its commercial reach.
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Osmo plans to use the new funding to expand what it calls Olfactory Intelligence, its proprietary technology designed to digitize and operationalize scent. The platform supports the full product lifecycle, from formula creation through manufacturing and packaging, allowing companies to move from concept to market with greater efficiency. Osmo positions this system as a way to make custom scent development more accessible, supporting both large enterprises and emerging brands.
Across commercial applications, the technology aims to reduce fragrance development costs and shorten time-to-market for established consumer product companies. At the same time, it opens access for smaller brands that previously lacked the resources to engage in custom fragrance creation. Osmo is already deploying its technology across multiple sectors, with stated applications spanning fragrance, healthcare, and public safety.
Two Sigma Ventures partner Colin Beirne, who joins Osmo as a board observer, framed the investment as a bet on a new layer of sensory infrastructure. He described Osmo’s technology as commercially viable and positioned it beyond fragrance alone, pointing to future use cases in healthcare diagnostics and environmental monitoring. According to Beirne, the company demonstrates that digital olfaction can function at scale rather than remain experimental.
Alongside the funding announcement, Osmo introduced a new executive leadership team assembled to support commercial growth and operational expansion. Mike Rytokoski joins as Chief Commercial Officer, bringing three decades of experience in consumer packaged goods. His background includes leadership roles at Unilever, Clorox, and Goodyear, as well as serving as President for ingredients and fragrances at Amyris. At Clorox, he previously oversaw operations across Latin America and Asia.
Mateusz Brzuchacz steps into the role of Chief Operating Officer, contributing more than 15 years of experience in flavors and fragrances. His background includes work with Givaudan and IFF, as well as senior leadership positions at Phoenix Flavors & Fragrances and Tilley Distribution. His appointment reflects Osmo’s focus on scaling complex operations within the fragrance sector.
Nate Pearson joins as Chief Financial Officer, bringing financial leadership experience from high-growth brands including Tesla, Lagunitas, and LifeAID. Most recently, Pearson served as Vice President of Finance for Mercedes-Benz’s North American EV charging platform, where he managed a $1 billion asset base.
Osmo also added Boet Brinkgreve as an independent board member. Brinkgreve brings more than 20 years of experience across science-driven and premium consumer markets, with prior leadership roles at dsm-firmenich and within the fragrance division at Richemont.
Founder and CEO Alex Wiltschko described the funding and leadership expansion as critical steps toward scaling Olfactory Intelligence. He positioned the technology as a tool that can change how industries use scent, with implications that extend beyond fragrance into broader health and wellbeing applications. With the Series B in place, Osmo now turns its focus toward building the commercial and operational capacity needed to support that expansion at scale.
