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AI Nose Startups Take On Our Smelly World

Sep 14, 2023 - news.crunchbase.com
The intersection of scent and technology is gaining traction, with several startups raising significant funding to digitize and engineer smell. One such company, Osmo, raised $60 million in a Series A round backed by Google Ventures and Lux Capital. The startup aims to apply machine learning to quantify, digitize, and engineer scent. Other companies in the sector include Koniku, which has raised over $49 million to build "smell cyborgs" for disease diagnosis and health maintenance, and Noze, which has raised nearly $18 million to develop the world's first commercially ready digital nose.

The digitization of smell could have applications in healthcare, public safety, and product development. For instance, smell-enabled disease diagnostics could provide new ways to detect health issues, while smell-detection technology could be used to sniff out pests and dangerous substances. In product development, AI could be used to create appealing aromas. Despite the potential, these technologies have yet to be deployed at scale.

Key takeaways:

  • Smell-focused startup Osmo, which combines AI and olfactory science, raised $60 million in a Series A backed by Google Ventures and Lux Capital.
  • There are several startups at the intersection of scent and technology that have pulled in funding in the past few years, with focus areas ranging from digital scent detection to odor-based cancer diagnostics.
  • Health care is a major focus for funded smell-tech companies, including Silicon Valley-based Koniku and Montreal-based Noze, which are developing technologies for disease diagnostics using scent.
  • Osmo's roadmap for digitizing scent involves turning odor molecules into digital signals, understanding how signals are related and perceived as sense, and turning these digital signals back into atoms.
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