A Dallas company trying to use ancient genetic material to create modern-day versions of woolly mammoths — a quest aimed at fighting climate change and advancing health care — has raised $75 million from venture capitalists, the billionaire producer of “Jurassic World” and Paris Hilton.
Harvard University geneticist George Church and technology entrepreneur Ben Lamm launched Colossal Biosciences in September with $15 million in seed funding. Just six months later, Colossal has raised another $60 million for the plan, despite the skepticism of some scientists.
“I’m all in on mammoths,” said Lamm, speaking over Zoom from Dallas, where multiple models of the prehistoric beast stood on the bookshelf behind him.
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