Ei.Ventures

Ei.Ventures, with a valuation cap of $111 million, is raising crowdfunding on FundMe. It is a leading plant and life sciences company focused on botanical psychedelic therapies. The company has control IP for three botanical psychedelic formulations- Psilly, MY-D, and MY-MDMA. David Nikzad and Jason Hobson founded Ei.Ventures in 2019. The current round of crowdfunding has a minimum raise of $25,000 and a maximum raise of $$1,070,000, and the proceeds will be used for conducting pre-clinical, clinical development of the drug candidates, intellectual property development, and general corporate purposes. Ei.Ventures plans to launch its mental wellness and health app partnerships in 2021 and MANA medicinal mushroom nutraceuticals in the first quarter of 2021.