Aromyx Corp., a leading company in applying biotechnology and data science to capture unique sensory data, today announced that it has closed a $3M Series Seed equity financing round. The round was led by Ulu Ventures with participation from Rationalwave Capital Partners, Merus Capital, CE Venture Capital, Stanford University and Radicle Growth. The investment will be used to grow the scientific team, as well as to continue to execute on a number of technology development projects. The company also announced the appointment of Dr. Josh Silverman as CEO.
“The scientific community has long struggled with the ability to digitally replicate taste and smell,” said Clint Korver, managing director of Ulu Ventures. “Aromyx has cracked the code on this issue by measuring the same signals our sensing organs send to the brain. Ulu is delighted to partner with a company on the forefront of such a technological breakthrough that has countless commercial applications and the ability to disrupt a wide range of markets. Aromyx will revolutionize product development and manufacturing for any industry that cares about how their product tastes or smells, and we are thrilled to be working alongside them on this incredible journey.”