Aromyx Corp., a Mountain View, CA-based company applying biotechnology and data science to capture sensory data, closed a $3M seed 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 company intends to use the funds to grow the scientific team, as well as to continue to execute on a number of technology development projects.
Led by newly appointed CEO Dr. Josh Silverman and Chris Hanson, founder and chairman, Aromyx uses biological receptors from human nose to create digital representations of smell sensory data for multiple applications. The company’s EssenceChip™ technology is a biosensor that scientifically records flavors and fragrances, with reproducible results, for use in real-world environments. Aromyx’s proprietary Allegory Database™ provides a basis for machine learning to analyze flavors and fragrances.
The company’s products and services are in use at several Fortune 500 companies, in pharmaceuticals, chemicals, food & beverage and consumer packaged goods.