The $10B Company Behind The Dire Wolf Is Now Bringing Back Mammoths

Forbes
2026.04.09 15:30
portai
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Colossal Biosciences, valued at $10.2 billion, is pioneering de-extinction projects, including the woolly mammoth and thylacine, using advanced genome editing techniques. Founded in 2021, the company has raised $615 million and employs 260 scientists. Its innovations are leading to spinoffs addressing plastic pollution, food security, and human fertility. Notably, the BioVault initiative aims to store genetic samples of endangered species, funded by the UAE. Despite skepticism from the scientific community, Colossal's business model anticipates revenue from biodiversity credits and partnerships with governments and tech firms.