Could this music studio’s fundraiser signal investor confidence in the psychedelic industry?

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November 4, 2021 12:25 PM EDT


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As the segment of the psychedelic therapeutics industry grows, many institutional investors seem to see plenty of opportunities in companies that serve the needs of the major players in the psychedelic space. Such support for ancillary businesses is a tacit recognition that an industry is moving towards maturity and sustainability. This trajectory to maturity gives investors confidence that they can also get decent returns from ancillary companies, as one music studio discovered.

Wavepaths was created solely to provide personalized music for psychedelic therapy. The studio pocketed $ 4.5 million in a funding round that ended last week &

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