Developing new MDMA-like medicines for effective prescription mental wellness

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Security Type
Retail, Consumer Goods & Products, Healthcare & Medical
Min Investment
Palo Alto, CA
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

Tactogen is a public benefit corporation making entactogen (MDMA-like) molecules.
CEO leverages 30+ years of experience in psychedelic preclinical and clinical research.
Many lead compounds ready for safety and toxicity studies. $2-4 million will complete that process.
Raised $6.3 million over 2.5 years from well known investors.
Significant potential to improve mental health treatment for millions of people.

Management Team / Advisory Board Bios

Matthew Baggott CEOSeasoned Ph.D. neuroscientist and data science leader with comprehensive knowledge of psychedelic science and a 30-year career spanning data science, preclinical pharmacology, clinical research, neuroscience, genomics, and drug development., Luke Pustejovsky COOFrontier tech entrepreneur with VC experience. 25+ year career partnering with leading scientists to commercialize breakthrough solutions. Advisor to Psychedelic.support and climate tech innovators., Scarlet Masius Head of CommunityScarlet's work exists at the intersection of immersive experience design, community building, psychedelics and social impact. They are on the board of North Star Project., Travis Mowbray Senior Clinical Trial ManagerTravis was the Global Trial Director for The Janssen Pharmaceutical Companies of Johnson & Johnson. He is deeply experienced in clinical research processes., Jeremy Coyle Senior Data ScientistJeremy Coyle, Ph.D., is a data scientist, biostatistician, and programmer. He is primary author of the tlverse, an extensible ecosystem of R packages for targeted causal machine learning., Arjun Mukerji Data ScientistArjun Mukerji is completing his Ph.D. in neuroscience at the Michael Silver Lab at UC Berkeley., Laina Zarek Durbin
Amount Raised : $96,592
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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