The private financing round was led by TCGX and Aisling Capital to fund clinical trials and commercial planning.
"We are grateful for the support of this group of leading healthcare investors for our work to bring potentially transformative treatment for mental health conditions to patients urgently in need of better options. We thank these investors for their confidence in our rigorous approach to building a strong base of evidence for the potential of COMP360 psilocybin treatment to help people with treatment-resistant depression (TRD), post-traumatic stress disorder, and anorexia nervosa."
The investment from Binance Labs will support the protocol's multi-chain growth and team expansion.
"Binance Labs is committed to supporting DeFi projects and founders driving innovation for the future of the Web3 industry. We have seen tremendous potential in the LSDfi sector, which plays a crucial role in driving the overall growth of the DeFi ecosystem. We look forward to working with Helio and Synclub, and hope to see the project grow as a leading LSDfi protocol on BNB Chain and other blockchains."
— Yi He, Co-Founder of Binance and Head of Binance Labs
LitCapital led the investment, which will fund market expansion and operations.
"We are excited to partner with LitCapital and grateful for their trust in our big vision. Based on the current financial projections, our revenue will exceed 2 million Euro. Objectively, it could be more, hence our aim is to reach 3 million Euros in 2023"
EMURGO Africa invested in the carbon market technology company to support blockchain-based environmental credits.
"Our investment in ChangeBlock is in line with our commitment to foster the development of climate change reversal technologies and impactful solutions on Cardano’s third-generation and environmentally-sustainable blockchain."
— Ahmed Amer, CEO of EMURGO Africa and Executive Director of EMURGO MEA
Beech Tree Private Equity has backed the cyber-attack simulation platform to drive its organic growth and product development.
"We have been thrilled with the growth that we have achieved since we launched in 2020 and we see this investment from Beech Tree as the natural next step in our growth journey, allowing us to scale up even faster, accelerate our development plans for our OOC platform and ultimately ensure that we remain one step ahead of the “bad actors” out there"
