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Limbix releases clinical trial data on a self-guided mental health app for teens

TechCrunch

In October, Limbix, a company creating digital therapeutics for adolescents, released data from a trial on its new product: SparkRx. That round was led by by GSR Ventures, with participation from existing investors Sequoia Capital, Storm Ventures, NextGen Venture Partners and BIXINK Therapeutics.

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11 investors predict a colorful, if difficult, future for psychedelic startups

TechCrunch

It does not warrant the kind of capital that most institutional investors typically put to work.” Investors are more prudent with capital today, allowing capable founders and teams working on a great product with a good business plan to shine through rather than being drowned out by the noise. Secondly, this sector is still too small.

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