Embrace cutting-edge research, unlock untapped market potential, and address core challenges to drive growth and innovation in the treatment of mental health disorders.

Unveiling the untapped potential of psychedelics for mental health breakthroughs

The psychedelics venture capital industry is experiencing a dynamic change fueled by increasing scientific research and shifting societal attitudes. Clinical trials, innovative delivery methods, and mental health applications shape the psychedelics market, leading to more effective and accessible treatments. As the psychedelics sector adapts to these advancements, new possibilities for innovation and industry disruption arise. At Waveup, we discover such untapped opportunities in emerging and high-growth industries, including psychedelics, and leverage market intelligence to help our clients identify and build actionable blueprints for growth. With deep industry analytics at the core of our services, we provide end-to-end support in designing and executing growth projects – from fundraising to psychedelics M&A scouting and psychedelics market research. Whether you’re just looking for industry insights or interested in tailored support, we’re here to help you navigate the modern psychedelics landscape with confidence.

A 2022 survey indicated that psychedelics have been experienced by 28% of Americans.


In 2022, LSD use in the U.S. increased to 5.5+ million people.

Driven by unveiling therapeutic potential, legalization, and expanding research interest

Of patients with major depressive disorder experienced significant improvements after two sessions of psilocybin-assisted therapy.


Psilocybin mushrooms are decriminalized in 7 U.S. cities and 2 states.


Public interest in psychedelic therapy surged by 450% from 2018 to 2022, according to Google search trends.


In 2022, psychedelics startups raised over $520M in funding

With the majority of investment going to:

  • Drug discovery & development
  • Technologies
  • Clinics care & deliveries

Leading psychedelics venture capital firms we worked with

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Key challenges in the psychedelics industry

Despite the transformative potential of psychedelics, industry players must remain vigilant of potential risks and challenges in order to succeed in the rapidly-evolving landscape.

Navigating research complexities

Psychedelic substances require thorough research and clinical trials to ensure their safety and efficacy. This process can be time-consuming and expensive, potentially deterring investors. Startups must demonstrate a clear plan for navigating these research complexities to secure funds.

Educating potential investors

Psychedelics remain a controversial and widely misunderstood field. As such, startups often face the challenge of educating potential investors about the benefits and potential of psychedelic therapies, which should be clearly communicated in a psychedelics pitch deck.

Building public trust

Due to the controversial nature of psychedelic substances, startups need to work diligently on building public trust. Demonstrating commitment to safety, transparency, and ethical practices can further help startups gain investor trust and attract funding.

How we can help

Fundraising advisory

From diligent business analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into compelling investment opportunities.

Due diligence and portfolio support

Evaluating potential investments, conducting thorough due diligence, and supporting portfolio companies on their new fundraising rounds.

Established companies
Growth hacking

Discovering market opportunities and developing execution strategies.


Unlocking your next stage of growth

Waveup is a leading global advisory empowering companies to fuel growth, attract investments, and secure strategic partnerships.

We turn data into business insights that drive results, helping companies excel in the competitive B2C and B2B spaces across 50+ verticals, discovering and catalizing opportunities for growth.

Our investment consulting services for psychedelics startups

Market intelligence

Fundraising support

Pitch decks

Financial models

Investor research

Growth consulting

Go-to-market strategies

Marketing/sales materials

Design support

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Building a novel solution? Get in touch with us

Our unique value proposition lies in our constant exposure to new and developing sectors, powered by an unparalleled acumen at the intersection of cutting-edge business models, disruptive growth strategies, and the latest industry trends.

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