5 Psychedelic Startups Investors are Flocking To

4. Delic

Delic is ranked fourth on our list of 10 psychedelic startups investors are flocking to. It is a company that aims to make psychedelics more mainstream by making content about them accessible to the public and through education programs focused to this end. The firm has raised more than $2 million in funding so far over two rounds. The latest round was held in October 2020. The company announced in February this year that it had acquired Ketamine Infusion Center, a patient care firm. 

In the psychedelic market, one of the biggest names is COMPASS Pathways plc (NASDAQ: CMPS), a mental health care company that markets psychedelic drugs for the treatment of disorders like resistant depression. COMPASS Pathways plc (NASDAQ: CMPS) recently announced a collaboration with King’s College London for psychedelic research.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Perceptive Advisors is a leading shareholder in COMPASS Pathways plc (NASDAQ: CMPS) with 797,404 shares worth more than $29 million.