The top venture-capital investors in the psychedelics industry in 2023

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Meet the top 14 VCs who've bet the most cash on turning psychedelics into medical treatments

We narrowed our list to 14 firms by including only funds that invested at least $5 million into psychedelics companies and had portfolios made up of at least 30% psychedelics startups. We didn't include wealthy individuals like Peter Thiel or Michael Novogratz who've invested their own cash.found that venture investment in psychedelics tumbled by more than 70% last year, to about $526 million from nearly $2 billion in 2021.

Here are the top investors in the psychedelics industry, listed by how much capital they've deployed:

 

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