Palo Santo
Overview
Palo Santo is a venture capital fund focused on emerging psychedelic medicines and therapies poised to address the growing mental health crisis and creating a new paradigm in wellbeing . The fund targets a diverse range of companies offering innovative solutions across biopharma, drug development, digital therapeutics, healthcare services and tech-enabled solutions to address the growing global mental health crisis . From cutting-edge science to commercial application, Palo Santo's portfolio includes 20+ companies focused on advancing the field of psychedelic medicines and expanding patient access and affordability .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Delix Therapeutics | Sep 2021 | Series A | - |
| Sensorium Therapeutics | Nov 2022 | Series A | Co-investor |
| Xylo Bio | Jun 2024 | Seed | Co-investor |
| Gwella Mushrooms | Jun 2021 | Seed | Co-investor |
| Fluence | Feb 2022 | Seed | Lead |
For institutional investors. Book with your work email.
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Palo Santo based?
Palo Santo is headquartered in Chicago, Illinois, United States.
When was Palo Santo founded?
Palo Santo was founded in 2020.
How many portfolio companies does Palo Santo have?
Palo Santo has 7 portfolio companies in Caplight's dataset.
What are some companies in Palo Santo's portfolio?
Portfolio companies visible on Caplight include Delix Therapeutics, Sensorium Therapeutics, Xylo Bio, Gwella Mushrooms, Fluence.
What was Palo Santo's most recent investment shown here?
Palo Santo's most recent investment in this portfolio sample was in Xylo Bio in 2024.
What sectors does Palo Santo focus on?
Palo Santo focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Frontier & Industrial Tech, Healthcare & Life Sciences.
What company stages does Palo Santo focus on?
Palo Santo typically invests at the Early stage.
What is Palo Santo's AUM?
Palo Santo's assets under management are estimated between $50.0M and $100.0M.