Woolly Mammoth Revival Attracts Millions From VC, Paris Hilton

A Dallas company trying to use ancient genetic material to create modern-day versions of woolly mammoths — a quest aimed at fighting climate change and advancing health care — has raised $75 million from venture capitalists, the billionaire producer of “Jurassic World” and Paris Hilton.

Harvard University geneticist George Church and technology entrepreneur Ben Lamm launched Colossal Biosciences in September with $15 million in seed funding. Just six months later, Colossal has raised another $60 million for the plan, despite the skepticism of some scientists.

“I’m all in on mammoths,” said Lamm, speaking over Zoom from Dallas, where multiple models of the prehistoric beast ...