⚡Canadian carbon removal company Biossil reached a $1 billion valuation after an investment round led by OpenAI.

What it means

Biossil, a Toronto-based biotech company, has raised a $153 million financing round led by OpenAI's Startup Fund, pushing its valuation over $1 billion and granting it unicorn status. This investment marks a notable crossover where a leading AI firm backs a biotechnology startup, highlighting the growing intersection of AI and life sciences.

Accuracy & sourcesSourced

The claim is reported by BetaKit, a reputable Canadian startup news outlet, which cites the round size and lead investor. BetaKit's article is based on a likely primary announcement from Biossil or OpenAI, so the facts are solid, though we haven't seen the official filing or press release directly.

How new

This is genuinely new coverage, published just hours ago on September 28, 2026, as shown by the BetaKit article timestamp.

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