Psylo
Company

Last deal

$8M

Amount

Seed

Stage

03.06.2024

Date

4

all rounds

$12M

Total amount

General

About Company
Psylo is a drug development company focused on next-generation psychedelics.

Industry

Sector :

Subsector :

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founded date

01.01.2021

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company's mission is to develop improved treatments to currently available SSRI medications by using psychedelic molecules as the starting point. Psylo is building a pipeline of novel molecules with the ultimate goal of taking leading candidates through to clinical trials. The company's approach is to create medicines that are widely available to the public. Psylo's focus on next-generation psychedelics is driven by the potential for these molecules to treat mental health disorders such as depression and anxiety.
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