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- Beckley Psytech
Beckley Psytech Acquisition, Valuation, Funding & Investors
Beckley Psytech was acquired by AtaiBeckley for $530M in June 2025.
Cumulative funding Beckley Psytech raised
$124M
across 4 funding rounds
Key investors in Beckley Psytech
Bicycle Day Ventures
Bossa Invest
AtaiBeckley
Oryx Ventures
FJ Labs
Concentric
Redbus Ventures
Prime Movers Lab
About Beckley Psytech
Beckley Psytech is an Oxford-headquartered biotechnology company creating psychedelic-derived therapies for neuropsychiatric disorders. Its lead program, ELE-101, delivers psilocin via intravenous administration for treatment-resistant depression in Phase 2 trials. Additional candidates include BPL-003, a 5-MeO-DMT formulation for stroke-induced aphasia, and ELE-201 for bipolar disorder. Beckley Psytech conducts studies at sites in the United States and Europe to shorten treatment durations while maintaining efficacy.
Founded
2019
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Valuation
$46M (Jun 2020)
Sectors
Beckley Psytech Acquisition
Beckley Psytech was acquired by AtaiBeckley for $530M on 2 June 2025.
Before the acquisition Beckley Psytech had raised $124M across 4 funding rounds.
Beckley Psytech Limited, a UK-based clinical-stage biopharmaceutical company, develops psychedelic-based neuroplastogens for mental health disorders, led by BPL-003, an intranasal formulation of 5-MeO-DMT (mebufotenin benzoate nasal spray) targeting treatment-resistant depression (TRD). AtaiBeckley N.V. (NASDAQ: ATAI) emerged from the November 5, 2025, strategic combination of atai Life Sciences, a German clinical-stage biotech focused on rapid-acting mental health treatments, and Beckley Psytech via an all-share transaction originally agreed June 2, 2025, and amended October 23, 2025. Atai shareholders approved the deal with 98% support on November 4, 2025; Beckley shareholders (excluding atai) received approximately 105 million new shares, equating to 28% of the combined company, valuing Beckley at around $370-390 million. Atai had previously acquired a one-third stake in Beckley in January 2024, achieving full ownership and pipeline internalization. The merger hinged on positive Phase 2b results for BPL-003 in July 2025, meeting all primary and secondary endpoints for TRD symptom reduction, enabling Phase 3 trials in Q2 2026; atai raised $150 million post-data to fund advancement, following a $50 million placement led by Ferring Ventures and Apeiron Investment. Strategically, the combination creates a phase 3-ready leader in psychedelic therapies, merging atai's pipeline—including VLS-01 (DMT), EMP-01 (R-MDMA for social anxiety), and full ownership of DemeRx (ibogaine) and IntelGenx—with Beckley's assets for urgent mental health needs. Post-merger, AtaiBeckley redomiciled from the Netherlands to Delaware on December 30, 2025, with Beckley CEO Cosmo Feilding Mellen joining the board and atai founder Christian Angermayer as chairman.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 2 Jun 2025 | Strategic M&A | $530M |
Beckley Psytech Valuation
Beckley Psytech is currently valued at $46M, based on its Series A in June 2020.
The $15M round included Mediqventures, Bicycle Day Ventures, Berti Investments, Murray Goldman, JamJar Investments and 2 other investors.
Beckley Psytech valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2020 | Series A | $46M |
Beckley Psytech Funding History
Beckley Psytech has raised a total of $124M across 4 funding rounds, plus 1 secondary share sale.
Beckley Psytech's first fundraising round was a $15M Series A in June 2020. The most recent completed round was a $10M undisclosed-stage round in January 2024.
Beckley Psytech funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2024 | Undisclosed stage | AtaiBeckley (lead); Concentric | $10M | - | Atai Life Sciences, a NASDAQ-listed psychedelic drug developer, invested $50 million in Beckley Psytech in January 2024, acquiring a 35.47% minority stake and three of nine board seats. Beckley Psytech is a U.K.-based psychedelic drug specialist developing two primary clinical-stage candidates: BPL-003 (intranasal 5-MeO-DMT) for treatment-resistant depression and alcohol use disorder, and ELE-101 (intravenous psilocin) for major depressive disorder. The investment gave atai access to rapid-acting clinical candidates and included rights of first refusal on future company sales and indefinite right of first negotiation on the two lead programs. In June 2025, Atai completed an all-share merger with Beckley Psytech, valuing the combined entity at $370 million and creating AtaiBeckley, a combined psychedelic biopharmaceutical company. As of Q4 2025, the merged company reported positive Phase 2a data for EMP-01 in social anxiety disorder and expected FDA feedback on BPL-003 Phase 3 development, with sufficient capital to fund operations into 2029. |
| Jan 2024 | Secondary | AtaiBeckley (lead) | $10M | - | In January 2024, atai Life Sciences invested $50 million in Beckley Psytech, a U.K.-based psychedelic drug specialist, acquiring approximately 35.47% ownership and three board seats. The investment provided atai exposure to Beckley's two rapid-acting psychedelic candidates in clinical development, including BPL-003 (intranasal mebufotenin benzoate) and ELE-01, both of which were expected to deliver Phase 2 readouts in 2024. The deal also granted atai a time-limited right of first refusal on any future sale of Beckley and an indefinite right of first negotiation regarding certain pipeline assets. This initial investment set the foundation for a subsequent all-share acquisition announced in June 2025, in which atai agreed to acquire the remaining shares of Beckley at a $390 million implied valuation for the entire company. The combined entity was to be renamed "atai Beckley" to reflect the integration of Beckley's psychedelic portfolio into atai's broader mental health platform. |
| Aug 2021 | Series B | Bicycle Day Ventures; Prime Movers Lab; FJ Labs; Delphi VC; Leafy Tunnel; Ayuh Ventures; Negev Capital; Palo Santo Fund; Adage Capital Management; PsyMed Ventures; Oryx Ventures; Bossa Invest | $80M | - | Beckley Psytech is a clinical-stage private company developing psychedelic medicines for neurological and psychiatric disorders, including short-lasting unilateral neuralgiform headache attacks (SUNHA) and treatment-resistant depression. On August 15, 2021, it completed an oversubscribed Series B financing round, raising $80 million (£58 million), upsized from an initial $50 million target due to strong investor interest. The round was led by healthcare-focused VC Integrated, with participation from Prime Movers Lab, Adage Capital Management LP, Palo Santo, Delphi VC, Leafy Tunnel, Negev Capital, and existing investor Bicycle Day Ventures, among others matching the query's investor list. Proceeds from the $80 million raise are allocated to advance clinical programs, including completing an ongoing Phase 1b trial of low-dose psilocybin for SUNHA (affecting an estimated 45,000 people in the US and Europe), initiating a Phase 1 dose-ranging study for a novel intranasal 5-MeO-DMT formulation ahead of a Phase 2 trial in treatment-resistant depression, and expanding the pipeline with new proprietary psychedelic compounds. The company aims to integrate clinically validated psychedelic medicines into modern medical practice for patients with high unmet needs. |
| Dec 2020 | Series A | Bicycle Day Ventures; Noetic Fund; Jim Mellon; Bail Capital; Richard Reed; Redbus Ventures | $19M | - | Beckley Psytech is a UK-based psychedelic medicine company founded in 2019 as a spin-out of the Beckley Foundation, dedicated to developing a portfolio of psychedelic compounds into licensed pharmaceutical medicines for neurological and psychiatric disorders. The company is led by CEO Cosmo Feilding Mellen and founded by psychedelic researcher Lady Amanda Feilding. In December 2020, the company closed a £14 million ($18.6 million USD) funding round from investors including Noetic Psychedelic Fund, Bail Capital, Jim Mellon, and Richard Reed, following an earlier £3 million raise in May 2020. The funding was intended to advance the company's drug development pipeline, specifically exploring 5-MeO-DMT, a synthetic psychedelic compound for treating neuropsychiatric diseases, and to support Phase 1 clinical trials. The company's scientific advisory board includes prominent researchers from Imperial College London, Johns Hopkins University, and the University of Oxford. At the time of this round, Beckley Psytech aimed to have approved psychedelic medications on the market by 2025. The company went on to raise $80 million in Series B financing in August 2021, oversubscribed and led by Integrated, demonstrating strong investor confidence in the psychedelic medicine space. |
| Jun 2020 | Series A | Mediqventures; Bicycle Day Ventures; Berti Investments; Murray Goldman; JamJar Investments; Oryx Ventures; Bossa Invest | $15M | $46M | Beckley Psytech raised £12M in a Series A round on June 30, 2020. The company develops psychedelic medicines for neurological and psychiatric disorders, focusing on synthetic 5-MeO-DMT for neuropsychiatric diseases. Beckley Psytech, founded in 2019 and based in Oxford, UK, originated from the non-profit Beckley Foundation to scale psychedelic research. |
Who has invested in Beckley Psytech?
23 investors have backed Beckley Psytech across its funding rounds, including Bicycle Day Ventures, Bossa Invest, AtaiBeckley, Oryx Ventures, FJ Labs and Concentric.
Lead investors include AtaiBeckley.
Beckley Psytech Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jun 2020 | ||
| 2 | Lead | Jan 2024 | ||
| 2 | Participant | Jun 2020 | ||
| 2 | Participant | Jun 2020 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Aug 2021 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Aug 2021 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Dec 2020 | ||
This data is available for Pro users. Sign up to see all 23 Beckley Psytech investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Beckley Psytech
Beckley Psytech has acquired 1 company to date.
Last acquisition by Beckley Psytech was on October 21st 2022. Beckley Psytech acquired Eleusis for $29M.
Latest Acquisitions by Beckley Psytech
| Description | Eleusis is a London-headquartered clinical-stage biopharmaceutical company pioneering therapies based on serotonin 2A receptor agonists known as classic psychedelics. Eleusis targets conditions such as treatment-resistant depression through its lead asset ELE-101, a synthetic psilocin formulation. The firm has completed Phase 1 trials demonstrating favorable pharmacokinetics and safety, with Phase 2 studies underway for major depressive disorder. Eleusis collaborates with academic institutions like Johns Hopkins University on psychoactivity management technologies. |
| HQ Country | |
| HQ City | London |
| Deal Date | 21 Oct 2022 |
| Valuation | $29M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Beckley Psytech acquisitions and their M&A valuation multiples. Start Free Trial | |
Beckley Psytech Competitors
Beckley Psytech competitors include listed companies like TaiMed Biologics, Ovid Therapeutics, Beximco Pharmaceuticals and Tectonic Therapeutic, and private ones like Shoreline Biosciences and Bambusa Therapeutics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $19M | ($1M) | $531M | - | ||
| Private | - | - | $528M | - | ||
| Publicly listed | $7M | ($17M) | $527M | 159.2x | ||
| Publicly listed | $399M | $97M | $533M | 1.3x | ||
| Publicly listed | - | ($83M) | $533M | - | ||
| Private | - | - | $515M | - |
Beckley Psytech Public Comps
Beckley Psytech is no longer listed, but its public comps include TaiMed Biologics, Ovid Therapeutics, Beximco Pharmaceuticals, Tectonic Therapeutic, Chabiotech, Novartis India, Indaptus Therapeutics, Entera Bio, Regenxbio and Arvinas.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $19M | ($1M) | 25.8x | - | (487.5x) | - | |||
| $7M | ($17M) | 58.3x | 159.2x | (24.7x) | - | |||
| $399M | $97M | 1.4x | 1.3x | 5.7x | 5.3x | |||
| - | ($83M) | - | - | (3.8x) | - | |||
| $923M | ($32M) | 1.4x | - | (41.0x) | - | |||
| $37M | $10M | 12.7x | - | 47.4x | - | |||
| - | ($21M) | - | - | (24.6x) | - | |||
| $42K | ($11M) | 12199.0x | 42813.7x | (44.6x) | - | |||
This data is available for Pro users. Sign up to see all Beckley Psytech competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Beckley Psytech
| When was Beckley Psytech founded? | Beckley Psytech was founded in 2019. |
| Where is Beckley Psytech headquartered? | Beckley Psytech is headquartered in United Kingdom. |
| Is Beckley Psytech publicly listed? | No, Beckley Psytech was acquired by AtaiBeckley in June 2025. |
| Who acquired Beckley Psytech? | Beckley Psytech was acquired by AtaiBeckley in June 2025. |
| How much was Beckley Psytech acquired for? | Beckley Psytech was acquired for $530M in June 2025. |
| What is Beckley Psytech's valuation? | Beckley Psytech was last valued at $46M in its Series A in June 2020. |
| How much funding has Beckley Psytech raised? | Beckley Psytech has raised $124M across 4 funding rounds. |
| What was Beckley Psytech's last funding round? | Beckley Psytech's last funding round was a $10M undisclosed-stage round in January 2024, led by AtaiBeckley. |
| Who are Beckley Psytech's investors? | Beckley Psytech's investors include Bicycle Day Ventures, AtaiBeckley, Oryx Ventures, Bossa Invest, Mediqventures, Noetic Fund, Prime Movers Lab, Berti Investments, FJ Labs, Jim Mellon and 13 others. |
| Which companies are comparable to Beckley Psytech? | Companies comparable to Beckley Psytech include TaiMed Biologics, Shoreline Biosciences, Ovid Therapeutics, Beximco Pharmaceuticals, Tectonic Therapeutic and Bambusa Therapeutics. |
| How many companies has Beckley Psytech acquired? | Beckley Psytech has acquired 1 company, including Eleusis. |
| What was the largest acquisition by Beckley Psytech? | The $29M acquisition of Eleusis in October 2022 is the largest acquisition Beckley Psytech has made to date. |
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