/Companies

Mindstate Design Labs

YC S21

San Francisco, US · Founded 2021 · Delaware corporation · 7 employees · 21 known investors

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Mindstate Design Labs is a clinical-stage drug development company that uses AI to map the biological basis of emotion and cognition, synthesizing psychedelic phenomenology and biochemical data to design pharmaceutical compounds that induce specific therapeutic emotional and cognitive states for mental health treatment.

Also known as Kykeon Biotechnologies · Kykeon Biotechnologies Inc. · Kykeon Biotechnologies Inc., Kykeon Biotechnologies

Founders & leadership· Y Combinator alumni (S21)

Mindstate Design Labs was founded in 2021 by Dillan DiNardo and Tom Ray.

DDDillan DiNardo
Dillan DiNardoCo-founder · CEOHe previously worked in biotech venture capital.
TRTom Ray
Tom RayCo-FounderTom Ray holds degrees in biology and chemistry from Florida State University and a PhD in biology from Harvard with a focus on tropical plant ecology. He held faculty positions in biology and computer science at the University of Delaware (1981–1998) and has been a professor of biology and computer science at the University of Oklahoma since 1998, with prior affiliations as external faculty at the Santa Fe Institute and visiting researcher at ATR's Human Information Processing Research Labs in Japan.
TJ
Tegan JohnsonDirector of Operations
RSRob Silva
Rob SilvaFounder

Board

RHRand Hindi
Rand HindiBoard director

Investors · 21

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

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Ambria CapitalreportedSan Juan PR

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Conscious Venture LabreportedBaltimore

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Harvard Management CompanyreportedAllston

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Hub AngelsreportedBoston

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LIONHEART VENTURESreportedSan Francisco

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Mystic VenturesreportedLynnwood

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Prithvi VenturesreportedNew York

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Ravikant CapitalreportedSeattle

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Funding

SEC filings, press & company announcements

$24.2M disclosed across 2 rounds · 2022–2024

▶$12.7MraisedNov 2024 · 43 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Dillan DiNardoExecutive Officer, Director
  • Rand HindiDirector
  • Thomas RayDirector
Offering amount
$15.1M
Amount sold
$12.7M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 5

Companies working in the same space as Mindstate Design Labs.

Legal entities · 1

corporate structure
Mindstate Design Labs, Inc.

In the news

Frequently asked questions

What does Mindstate Design Labs do?
Mindstate Design Labs is a clinical-stage drug development company that uses AI to map the biological basis of emotion and cognition, synthesizing psychedelic phenomenology and biochemical data to design pharmaceutical compounds that induce specific therapeutic emotional and cognitive states for mental health treatment.
Who founded Mindstate Design Labs?
Mindstate Design Labs was founded by Dillan DiNardo, Tom Ray in 2021.
Who are Mindstate Design Labs's investors?
Mindstate Design Labs's investors include ARA NEA Ventures (Brand: Dmz.Xyz), Blast.Club, Empath Ventures, Gaingels, Immeasurable, Initialized Capital, Metaplanet, PsyMed Ventures and 13 more.
How much funding has Mindstate Design Labs raised?
Mindstate Design Labs has disclosed $24.2M raised across 2 rounds.
Where is Mindstate Design Labs headquartered?
Mindstate Design Labs is headquartered in San Francisco, US.