Psylo: Funding, Investors & Team (Sep 2026)
Psylo is a company that specializes in developing advanced psychedelics for medicinal purposes. Our objective is to create more widely available drugs that offer better treatment than traditional SSRI medications, using psychedelic compounds as a foundation. We are working on a range of innovative molecules with the aim of eventually conducting clinical trials on the most promising candidates.
Psylo has raised $11.0M across 2 funding rounds on record, the most recent an undisclosed round of $3.0M announced in Oct 2024.
That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Psylo Company Profile and Key Stats
Latest funding round on record: Oct 2024.
Psylo Funding Rounds
Psylo raised $8.0M in a Seed announced in Jun 2024.
4 months later, an undisclosed round of $3.0M was announced in Oct 2024.
Psylo Founders and Leadership Team
No contact details are on record for this team yet.
Psylo Funding Compared to Other Biotechnology Startups
Psylo's latest round of $3.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Psylo Funding FAQs
What does Psylo do?
Psylo is a company that specializes in developing advanced psychedelics for medicinal purposes. Our objective is to create more widely available drugs that offer better treatment than traditional SSRI medications, using psychedelic compounds as a foundation. We are working on a range of innovative molecules with the aim of eventually conducting clinical trials on the most promising candidates.
How much funding has Psylo raised?
Psylo has raised $11.0M across 2 rounds on record. The most recent is an undisclosed round of $3.0M announced in Oct 2024.
When did Psylo last raise funding?
Psylo's most recent funding round on record is an undisclosed round of $3.0M, announced in Oct 2024.
Who founded Psylo?
FundedIQ lists Joshua Ismin (Founder) at Psylo.
Where is Psylo headquartered?
Psylo is based in Sydney, New South Wales, Australia.
How many employees does Psylo have?
Psylo is in the 11-50 employee band.
How does Psylo's funding compare to other Biotechnology startups?
Psylo's latest round of $3.0M is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.
About FundedIQ's Psylo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Psylo is left off this page rather than filled in.
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