3 years ago
Clerkenwell Health Raises £2.1M to Open Europe's First Psychedelic Therapy Facility
Clerkenwell Health, a London-based clinical psychedelics startup, has raised £2.1 million in seed funding from Lionheart Ventures, Convergence Partners, and Exceptional Ventures
The funding will support the operations of the company’s clinical trials facility, Europe’s first commercial facility dedicated to psychedelic assisted therapies, which is set to open this Autumn
Clerkenwell Health is supporting North American drug developers entering the UK, including Toronto-based life sciences company Psyence, which has received approval from the MHRA to kick off the first trials at Clerkenwell’s London site.
ProblemHealthcare
"There is a lack of infrastructure and expertise to conduct clinical trials for psychedelic assisted therapies, slowing down the development and adoption of these treatments."
Solution
"Clerkenwell Health provides a commercial clinical trials facility and services to support the design, delivery, and execution of psychedelic-assisted therapy trials, enabling faster development and adoption of these treatments."