Oddity
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Oddity to Acquire AI Biotech Startup Revela for $76 Million
Oddity, the parent company of US-based beauty brands Il Makiage and Spoiled Child, has announced its acquisition of AI-based biotechnology firm Revela for $76 million. The acquisition aims to provide Oddity with “pharma-grade technology” to enhance its science-backed product development and create new ingredients for the market. As part of the deal, Oddity will also…