Google Co-Founder Brin Backs Psychedelic Start-Up Soneira: FT

Google co-founder Sergey Brin is raising funds to back psychedelics startup Soneira, the Financial Times reports, citing unidentified people briefed on the discussions.

• Catalyst4, a non-profit investment vehicle set up using the proceeds of Brin’s 2021 sale of his Tesla stake, will cover around $15m of a $25m funding round
  • Round set to close after summer
• Soneira is launching clinical trials looking at the use of hallucinogen ibogaine as a treatment for traumatic brain injury
• Soneira declined to comment to the FT; Catalyst4 did not respond
• NOTE: In April, Brin-Backed Startup Nears Firing Up First Carbon Removal Machine

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