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Sep 11, 2026 Psychedelics
New on Altitude: $11 Billion Public, $1.6 Billion Private, $140 Million From Governments
We spent the past week tracking down every dollar we could verify moving through the psychedelic-therapeutics sector — public company market caps, private funding rounds, and government research budgets — and ranked what's left after correcting nine claims that didn't hold up. The gap between the three is the real story: over $11 billion in public market cap, $1.6 billion in disclosed private funding, and barely $140 million in verified government funding worldwide. Read the full rankings here. Part two, the trends and the graveyard, follows next Friday.
Read at Altitude