This young startup is taking on a fragrance industry that hasn’t changed in almost half a century
Patina, a fragrance‑tech startup, recently raised $2 million from Betaworks and True Ventures.
- Founded by artist/perfumer Sean Raspet and food‑/software‑engineer Laura Sisson, the company uses advanced molecular design, machine learning, and scent research to create new odor molecules.
- It aims to modernize an industry that has seen little change in nearly 50 years by developing “Sense1,” a foundational model that simulates human olfactory receptors, potentially enabling the creation of novel scents and synthetic substitutes for scarce natural ingredients such as rose oil.
- Patina is in talks with major fragrance houses and fashion brands and seeks to expand the scent palette, improve supply‑chain sustainability, and protect new scent formulations through intellectual property.
- The new funding will move the team from a backyard lab to a dedicated office in Bushwick, Brooklyn, and support further research and partnership development.
(Source: TechCrunch, “This young startup is taking on a fragrance industry that hasn’t changed in a almost half century.”)