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Utah Business

This week, Brandon Fugal announced that he has invested in the resurrection of a wooly mammoth.

Brandon Fugal invests in resurrection of woolly mammoth

Utah real estate mogul Brandon Fugal has made a name for himself in Utah as the most successful commercial real estate agent around, leading many of the most prominent developments in the state.

 He’s also known internationally as the owner of Skinwalker Ranch, the infamous plot in Eastern Utah with a wild history of paranormal activity. Fugal bankrolls the ongoing investigation documented in the HISTORY channel series, “The Secret of Skinwalker Ranch.” Fugal gathered the team of paranormal researchers diving into strange phenomena there and is a (maybe reluctant) central figure in the show.

Now he’s making another sci-fi-inspired investment. Fugal has joined with a small group of scientists and fellow investors aiming to resurrect the long-extinct woolly mammoth. It’s a premise straight out of Jurassic Park (or maybe Pleistocene Park), but according to the researchers involved, it’s far more feasible than the layperson might assume.

Fugal backs the efforts of Colossal Biosciences with a group of eclectic investors, including:

  • Winklevoss Capital, known for their support of cryptocurrency startups, including TaxBit out of Draper Utah
  • Draper Associates, founded by prolific investor Tim Draper in 1985, “Taking long odds on extraordinary outcomes,” an early investor in Utah’s own Instructure
  • Animal Capital, founded by teenage TikTok influencers and a former Goldman Sachs investment banker
  • Tony Robbins, the self help author, speaker, and guru
  • Thomas Tull, billionaire founder of film studio Legendary Entertainment
  • At One Ventures, on a mission to “find, fund, and grow teams to catalyze a world where humanity is a net positive to nature.”
  • Jazz Ventures, seeking “breakthroughs at the frontiers of technology and science”
  • Bold Capital, with General Partner Peter Diamandis or X PRIZE fame
  • Global Space Ventures, supporting “emerging technologies (from AI to space and biotech)”
  • Climate Capital, Backing emissions reduction & adaptation since 2015.
  • Liquid2 Ventures, with NFL Hall of Fame legend Joe Montana as a managing partner
  • Capital Factory, the “center of gravity for entrepreneurs in Texas, where Colossal has two offices.”
  • Wisdom VC, “investors in planetary health & human wellbeing”
  • First Light Capital, an odd inclusion, they conventionally acquire startups outright to bring to scale

What may prove more interesting than the resurrection of a species is the counterintuitive reason for the effort. 

The scientist at the center of it all is George Church Ph.D., genetics professor at MIT and Harvard. Church helped initiate the Human Genome Project in 1984, and is a central pioneer behind CRISPR, the gene-editing technique at the forefront of the field, allowing targeted editing of specific genes. Church has long been a proponent of bringing back the mammoth in a conservation effort, not for the animal itself per se, but for the ecology it enabled. 

Colossal’s number one goal for reviving the mammoth is “to decelerate melting of the arctic permafrost.” In short, Church and others now believe the mammoth didn’t necessarily die from climate change after the last ice age, but rather the death of the mammoth may have contributed to a changing climate. By bringing back the mammoth, along with its activity across the arctic landscape, more carbon can be locked in the permafrost.

Author Ben Mezrich, known for his book The Accidental Billionaires about the founding of Facebook, and bitcoin Billionaires about the Winklevoss twins early investment in bitcoin, penned a book in 2017 about the resurrection of the mammoth. His TED talk (embedded below) summarizes the plan.

Church’s own TED talk from 2013 also explores the topic.

For Fugal, the investment is perfectly in character. TechBuzz profiled Fugal in a two-part series discussing his ownership and operation of Skinwalker Ranch earlier this year, but even that peculiar investment isn’t his first foray into the unbelievable.

“My journey relative to Skinwalker Ranch… began over a decade ago,” says Fugal, “when I was funding a research enterprise studying gravitational physics theory and… I’d say gravitational physics and energy theories.”

The word Fugal notably didn’t say was “antigravity,” which was a major focus of the research. Fugal was working with (in)famous physicist Harold “Hal” Puthoff, known for his work in areas often deemed “pseudoscience.” Despite the epithets, Puthoff’s authority is well established. The 85-year-old scientist has a Ph.D. from Stanford and has been employed by the CIA and Defense Department as an employee and contractor for decades. 

Puthoff has authored dozens of scholarly papers as recently as 2019 on topics like “Extracting Energy from the Quantum Vacuum” and “Experimental Psi Research: Implication for Physics” — “Psi” in this title is shorthand for “Psychic.”

Investing in scientific efforts so far out as to border on pseudoscience is nothing new for Fugal. The Colossal investment may even be considered conservative compared to his past explorations. “I have a passion for science, technology, and frontier physics that is unique in the realm of commercial real estate,” he says in our interview earlier this year.

When we asked Fugal how many other projects like this that he had in the works, he had a straightforward answer and says, “Quite a few.”

Fugal is openly inspired by science fiction, and more broadly the heyday of 80s and 90s cinema, often posting his love for the genre and era on social media. His collection of sci-fi memorabilia is world-class, including multiple set-pieces and scripts from classics like The Terminator, the Alien franchise, a portal from the film Stargate, and many more. He’s also an active participant in the Ufology community, those studying evidence of otherwordly visitors and craft. Of course, Fugal is a huge fan of Jurassic Park.

The Colossal investment comes at a pivotal time in Fugal’s life. On September eighth, Fugal’s father Daniel Boyd Fugal passed away. The elder Fugal was a longtime community leader entrepreneur in Pleasant Grove, Utah. Then this week, Fugal will be married to his girlfriend Kristen McCarty.

Brandon Fugal invests in resurrection of woolly mammoth was originally published on

Austin Craig, editor at TechBuzz, is a techno-optimist, media producer, writer, and entrepreneur. Before joining the team at TechBuzz, he was making podcasts, leading the marketing at a cryptocurrency startup, and producing documentary film and television.