The announcement comes after progress is made on the de-extinctions of the woolly mammoth and the Tasmanian tiger.
Lamm, who co-founded Colossal with Harvard University geneticist George Church, believes Colossal’s moonshot-level goal gives the company a competitive edge on recruiting people who would rather research vanished beasts than less exotic projects.For some investors, a live dodo is less important than the scientific breakthroughs generated in the push to de-extinction.
”“They’re solving complex problems,” said Breyer, an early backer of Facebook who invests in Colossal through his firm Breyer Capital. “Long-term, there will be significant revenue opportunities around sustainability, conservation, and re-wilding.”“I think the de-extinction angle might hold promise for scientific discovery, but probably very hard for venture in terms of market, cost and speed to scale,” said Helen Liang, managing partner of Founders X Ventures.
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