AI-driven beauty and wellness company, Oddity Tech (NASDAQ:ODD), made a successful debut on the public market, with its shares soaring 40% above the IPO price. The company reached a market valuation of $2.8 billion. Oddity, known for its Il Makiage and Spoiled Child brands, raised approximately $424 million with the sale of 12.1 million shares. The company plans to invest over $100 million to acquire biotech startup Revela and open a U.S.-based lab, and will use the proceeds from its offering to invest more in its data and technology.