# Beckley Psytech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beckley-psytech

- Industry: Pharmaceuticals
- Headquarters: Oxford, UK
- Website: www.beckleypsytech.com
- Total disclosed funding: $88M
- Latest round: Series B (Jul 2, 2021)
- Investors on record: 13

## About

Founded in 2019 and based in Oxford, UK, Beckley Psytech Ltd. researches and develops psychedelic medicines for patients with mental and neurological diseases in need of neuropsychiatric treatments. In January 2024, Beckley Psytech Ltd. raised GBP 46.18 million in venture funding led by investor Atai Life Sciences N.V. The firm as of July 2024, is led by its CEO, Cosmo Feilding Mellen.

The company's research pipeline includes formulations and applications of psychedelic compounds such as 5-MeO-DMT and psilocin. The company is advancing these compounds through clinical trials for conditions including Major Depressive Disorder (MDD), Treatment Resistant Depression (TRD), and Alcohol Use Disorder (AUD). Their approach integrates personalized psychological support and digital tools to enhance therapeutic outcomes.

The company plans to utilize the January 2024 funding to further develop its novel intravenous formulation.

## Funding rounds

- Series B, Jul 2, 2021, $80M — Adage Capital Management, FJ Labs, Prime Movers Lab, Palo Santo Venture Fund, Integrated, Bicycle Day Ventures LLC, Leafy Tunnel, Negev Capital, Delphi VC
- Series B, Mar 31, 2021, $3.4M — What If Ventures, Bicycle Day Ventures LLC
- Series A, May 28, 2020, $3.7M — Berti Investments, JamJar Investments, Mediqventures

## Investors

- Berti Investments — Series A
- JamJar Investments (https://capitalatlas.ai/funds/jamjar-investments) — Series A
- Mediqventures (https://capitalatlas.ai/funds/mediqventures) — Series A
- What If Ventures (https://capitalatlas.ai/funds/what-if-ventures) — Series B
- Bicycle Day Ventures LLC — Series B
- Adage Capital Management — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- Prime Movers Lab (https://capitalatlas.ai/funds/prime-movers-lab) — Series B
- Palo Santo Venture Fund (https://capitalatlas.ai/funds/palo-santo-venture-fund) — Series B
- Integrated (https://capitalatlas.ai/funds/integrated) — Series B
- Leafy Tunnel (https://capitalatlas.ai/funds/leafy-tunnel) — Series B
- Negev Capital (https://capitalatlas.ai/funds/negev-capital) — Series B
- Delphi VC (https://capitalatlas.ai/funds/delphi-vc) — Series B