MMindstate Design Labs creates targeted mental health therapies by designing altered states of consciousness through its Osmanthus platform, which predicts how primer psychedelic compounds and non-psychedelic probe compounds interact to produce specific therapeutic states. The platform blends natural history data, natural language processing, and biochemical data to build a predictive model that guides the design and pairing of these compounds. Unlike others who mainly develop psychedelics, Mindstate Design focuses on a translational framework that distinguishes between different altered states and tailors them for therapy. The company aims to license its primer and probe compounds to healthcare and pharmaceutical clients to advance psychedelic medicine.
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Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$11.6M
Headquarters
South San Francisco, CA
Founded
2021
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Total Funding
$11.6M
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2 Rounds
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Planning to launch clinical trials for its first product by mid-2023, the Y Combinator alum could have big implications for life sciences in Pittsburgh.
Mindstate Design Labs, a preclinical biotech company focused on developing "the next generation of psychedelic-inspired therapeutics," announced today that it had raised an $11.5 million seed round to grow its team, develop its platform, and advance its lead MDMA-based compound through clinical trials.
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Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$11.6M
Headquarters
South San Francisco, CA
Founded
2021
Find jobs on Simplify and start your career today
We update Mindstate Design Labs's jobs every few hours, so check again soon!Browse all jobs