Funding

Psychedelic biotech startup Psylo raises $1.1m to treat mental health issues with the key ingredient in magic mushrooms

- October 1, 2021 2 MIN READ

Psylo, a preclinical biotech firm, has raised $1.1 million as part of an ambitious plan to treat mental illness with naturally occurring psychedelic drugs. The Sydney-based startup, part of Startmate‘s current W21 cohort, has been backed in a round led led by Chris Hitchen’s global micro-VC fund Possible Ventures. The venture’s prominent angel investors also include Airtree’s… Read more »

mental health
Insights

Why founders must lead the way in mental health

- October 25, 2018 3 MIN READ

The importance of the physical and mental health of founders and entrepreneurs has not had a lot of traction until now, but if Australia is to have the innovation-led economy we often hear about this has to change.