Outer Biosciences has secured $23 million in funding to advance its research into keeping discarded human skin viable for extended periods. The company aims to utilize this tissue to train AI models capable of predicting cosmetic compounds, significantly accelerating the discovery process compared to traditional methods. AI
IMPACT This funding could accelerate the discovery of new cosmetic compounds by leveraging AI on biological samples, potentially impacting the beauty and biotech industries.
RANK_REASON Significant funding round for a company using AI in a novel biological application. [lever_c_demoted from significant: ic=1 ai=0.7]
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