Mindstate Design Labs · Dec 2025
Company press release announcing Graeme Bell as an independent board director; also reiterates the Osmanthus platform and provides a public contact email.
Clinical-stage AI neuroengineering platform
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Clinical-stage AI neuroengineering and drug development company building programmable psychoactive therapeutics for mental health. Primary product is the Osmanthus platform and lead asset MSD-001, which map subjective trip-report data to receptor biology to design specific emotional and cognitive states.
Primary product
Osmanthus platform and lead asset MSD-001
Founded
2021
Headquarters
South San Francisco, California, United States
Team size
11-50
Work style
Remote
Industry
Biotechnology
Sub-industry
Clinical-stage neuroengineering / psychedelic therapeutics
Offices
1 job at Mindstate Design Labs
Business model
Stage
Seed / early-stage
Total raised
$24.3M
Latest round
Undisclosed · Nov 2024
Latest amount
$12.7M
Nov 2024
Feb 2022 · Initialized Capital
Sep 2021 · Y Combinator
Leadership
Co-Founder & CEO
Scientific Co-Founder
Chief Scientific Officer
Head of Preclinical Development
Medical Director
Jianhong Wang, PhD
Head of DMPK
Jessica Smith Beaver, PhD, MLS
Head of Regulatory Affairs
Senior Director of Operations
Head of Clinical Operations
Head of Drug Product & Formulation
Michael Hoyos
Head of Business Development
Independent Board Director
Investors
Mission-driven, research-heavy, and expert-led; public materials emphasize a top-tier team, remote-first operation, and building novel therapeutics in a fast-moving clinical-stage setting.
Work style
Remote
Compensation
Public job posting describes compensation as competitive and paired with full health coverage and a remote-first setup.
Benefits
Pricing
Not publicly disclosed; primarily drug-development and potential partnering/licensing economics.
Differentiators
Technology
Competitors
Estimated revenue
about $1M annually
Mindstate Design Labs · Dec 2025
Company press release announcing Graeme Bell as an independent board director; also reiterates the Osmanthus platform and provides a public contact email.
Mindstate Design Labs · Sep 2025
Official announcement of topline MSD-001 study results and the lead fixed-dose combination program.
Fierce Biotech · Mar 2024
Reports that Mindstate submitted its first IND for MSD-001 and outlined its AI-driven approach to designing psychoactive states.
Technical.ly · Feb 2022
Adds Pittsburgh context and confirms the seed round and company mission in psychedelic-inspired therapeutics.
Business Insider · Feb 2022
Covers the $11.5M seed round led by Initialized Capital and participation from a group of venture and angel investors.