Fundraising Fox

Mindstate Design Labs

YC S21 ↗

San Francisco, US · Founded 2021 · Delaware corporation · 7 employees · 4 known investors

mindstate.design ↗

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.

AI & Machine LearningBiotechHealthtechMental HealthMachine LearningMental Health TechTherapeuticsAIin /mindstate-design-labs@MindstateDesignycombinator.com ↗

Founders & leadership· Y Combinator alumni (S21)

DDDillan DiNardo
Dillan DiNardoin𝕏Founder/CEO
TRTom Ray
Tom RayinFounder
RH
Rand Hindiin𝕏Director
RS
Rob Silvain

Investors · 4

ImmeasurableLos Angeles · $25K – $100K
MetaplanetTallinn · $500K – $10M
PsyMed VenturesBerkeley
Y CombinatorSan Francisco · $500K

Reported raises · per SEC filings

Form D private placements
▶$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.

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