United States · Biotechnology startup

Mindstate Design Labs

Mindstate Design Labs is a clinical-stage AI neuroengineering and pharmaceutical company founded in 2021, based in South San Francisco, California, with additional operations in Pi

Funding reportedLast round: Seed

BiotechnologySan Francisco, United States

About Mindstate Design Labs

Mindstate Design Labs is a clinical-stage AI neuroengineering and pharmaceutical company founded in 2021, based in South San Francisco, California, with additional operations in Pi

ttsburgh, Pennsylvania. The company focuses on developing precision-designed psychedelic-inspired therapeutics to address the mental health crisis. By utilizing artificial intelligence, Mindstate maps the biological basis of psychedelic experiences to engineer novel small-molecule drugs that create specific therapeutic mindstates without unwanted hallucinations. The company's lead program, MSD-001, is currently in human Phase 1 clinical trials and aims to produce heightened emotional and cognitive flexibility. Mindstate's proprietary AI platform, Osmanthus, synthesizes extensive datasets to design psychoactive compounds that yield repeatable, therapeutically valuable states of mind. Mindstate primarily serves the mental health therapeutics sector, targeting healthcare institutions and patients with challenging mental health conditions. Their vision is to provide therapeutically valuable emotions in pharmaceutical form, offering a targeted alternative to traditional mental health treatments.

What company datasets say Mindstate Design Labs raised

Funding, as reported

Reported in all$12Min dollars
Rounds3
Last roundSeed
Last round dateJan 2023
Investors listed21
Y CombinatorS21

Founders and team

From Mindstate Design Labs's own website: 1 founder, 5 on the team.

Dillan DiNardoCo-Founder + CEO
  • Antonio SocorroHead of Drug Product + Formulation
  • Jasminder SotoHead of Clinical Operations
  • Josie KinsHead of Business Development
  • Michael HoyosHead of Business Development
  • Tegan JohnsonSenior Director of Operations

AdvisersAndrew Hessel

On 5 portfolio pages

Investors who name them

Each firm lists Mindstate Design Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

neurotransmitter mappinghealth careneuroscience data analysisemotional modulationai mapping of psychoactive effectsdata scienceneuropharmacology modelingpsychoactive effectspharmacologypsychedelic drug developmentinformation technology & servicespsychedelic effect taxonomylarge language modelsdata managementpsychedelic compoundsai platform

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Sector
Biotechnology
Industry code
NAICS 541714, 325412, SIC 2834, 8731
Region
California
Revenue
$1.0M a year, as listed
Full record
Every detail in the company directory

Biotechnology in United States

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