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Psychedelic biotech Psylo raises first funds – The Australian Financial Review

Startmate company Psylo is the latest company to attract funding for its pre-clinical psychedelic research.

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The space is also attracting big investment dollars in the US, UK and Europe, with Beckley Psytech raising $US80 million in August, Atai Life Sciences raising $225 million for a NASDAQ listing in 2020 and new Chicago-based venture capital group Palo Santo…

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