It doesn't appear to have gotten off the ground, I can't even find the name of the company any more.
or completely shelved and waiting for you to connect the multidisciplinary dots.
That's what I had done 20 years ago. So one reason that I returned to software after doing graduate work in neuroscience was the frustration of keeping cells alive while you poke at them. These titre plates full of thousands of different cells pose a problem orders of magnitude more challenging. Perhaps now it would be easier - engineer cells with the properties you need using CRISPR/Cas9.
I have not heard anything similar about the olfactory nerves. I suspect they're going to prove to be much messier. Perhaps not necessarily "complicated" in some sense, but messier. But it shouldn't be impossible.
I'd give decent odds we'll sooner grow a dog nose in isolation and interpret the neural signals directly than build a machine as good as a dog's nose. (And I'm not saying that's easy, either.)