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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