Colossal’s Ambitious De-Extinction Projects and Strategic Vision

New updates have been reported about Colossal (PC:COLSL)

Colossal, a pioneering startup in genetic editing, is making headlines with its ambitious plans to revive extinct species, including the woolly mammoth, dodo bird, and Tasmanian tiger. CEO Ben Lamm, speaking at SXSW, emphasized the company’s commitment to ethical de-extinction, distancing their efforts from fictional scenarios like Jurassic Park. Colossal, co-founded by Lamm and George Church in 2023, aims to reintroduce woolly mammoth hybrids to the Arctic by 2028 and is also working on releasing Tasmanian tiger joeys back into their native habitats. These initiatives have attracted significant investor interest, with the company valued at $10.2 billion after raising substantial venture capital.

Colossal’s strategic direction includes the creation of two spin-off companies and a third in the pipeline, focusing on specific applications of their technology. Lamm sees enormous financial potential in ‘re-wilding’ species and carbon sequestration, projecting billions of dollars in future revenue. A recent project, the gene-edited ‘woolly mouse,’ has validated their mammoth research, despite some skepticism from experts. The company also engages with U.S. government agencies, receiving investments likely in the form of grants. Looking ahead, Lamm envisions a future where synthetic biology, AI, and computing converge to address global challenges, including cancer cures and environmental sustainability. He also speculates on the potential for human longevity advancements, suggesting a ‘Manhattan Project-scale’ effort to preserve endangered species in bio vaults. Colossal’s innovative approach positions it at the forefront of genetic research and environmental restoration.