Auric Essentials Joins Sputnik ATX VC Summer 2025 Cohort, Secures First U.S. Venture Capital Investment


Austin, Texas – August 12, 2025 – Auric Essentials, the Australian health-tech pioneer behind the Intelligent Scent Platform and Mood as a Service™, has secured its first U.S. venture capital investment, joining the prestigious Sputnik ATX VC Summer 2025 cohort. The $100,000 USD SAFE investment marks a major milestone in Auric’s North American expansion, with the potential for up to USD 400,000 in follow-on funding based on growth during the 13-week accelerator.

Auric Essentials’ flagship product, the Aromasphere, is the world’s first AI-powered, IoT-enabled smart diffuser that personalises scent rituals using biometric data, daily rhythms, and mood preferences. By uniting ancient aromatherapy with cutting-edge technology, Auric addresses some of today’s most pressing wellness needs—reducing stress, improving focus, enhancing sleep, and elevating energy in real time.

“Auric is a big idea—an Intelligent Scent Platform designed to bring emotional wellness into everyday life,” said Adam Good, Co-Founder and CEO of Auric Essentials.  “Sputnik ATX VC is our first U.S. VC partner, and we could not be more pleased. A big reason we are here in Austin is Dr. Oksana Malysheva. Her leadership, belief in founders, and commitment to scaling transformative companies are exactly what we need at this stage. We are equally proud to be backed by an outstanding group of investors, including Antler, Brisbane Angels, Perth Angels, and Angelloop .”

Sputnik ATX VC, led by Dr. Malysheva as CEO and Managing Partner, is renowned for backing hands-on founders with scalable visions, combining capital with deep operational mentorship. Over the next 13 weeks in Austin, Co-Founders Adam Good and Alex Cutri will work with Sputnik’s network to accelerate traction, sharpen go-to-market strategy, and prepare for rapid U.S. market penetration.

“Auric Essentials is exactly the kind of company we love to champion—category-defining vision, a unique technology platform, and founders who are committed to changing how we live and feel,” said Dr. Oksana Malysheva, CEO of Sputnik ATX VC. “The Intelligent Scent Platform is a bold innovation that has the potential to shape the future of wellness technology globally.”

Auric’s inclusion in the Summer 2025 cohort builds on growing international momentum, with strategic partnerships in corporate wellness, retail, and smart home ecosystems.

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