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Follow the Money: Investments in Mental Health


The mental health wellness sector is poised to expand as mental health issues continue to disrupt the world.
Every year, mental health disorders cost the global economy US$2.5 trillion. Companies that are helping society tackle this crisis have raised significant investment and gained widespread attention, especially in the wake of the COVID-19 pandemic.
Significant investments in the mental health space
In recent months, an increasing number of major investments have been made in the mental health space. Venture capital funding of US-based mental health startups totaled US$1.37 billion through the third quarter of 2020, outpacing the US$1.06 billion invested in 2019. Billionaire tech investor Peter Thiel recently backed ATAI Life Sciences in a US$125 million funding round. The company is a Berlin-based start-up focused on producing psychedelic drugs for the treatment of mental health disorders. ....

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