About Cybin
Cybin is a company based in Toronto (Canada) founded in 2002 by Eric So. It operates as a HealthTech. The company has 50 employees as of March 31, 2024. Cybin has completed 2 acquisitions, including Adelia Therapeutics and Small Pharma. Cybin offers products and services including CYB003, CYB004, and CYB005. Cybin operates in a competitive market with competitors including ATAI, COMPASS Pathways, MindMed, Beckley Psytech and Psylo, among others.
- Headquarter Toronto, Canada
- Employees 50 as on 31 Mar, 2024
- Founders Eric So
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cybin, Inc.
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Annual Revenue
$0 (USD)0as on Mar 31, 2024
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Net Profit
$-78.63 M (USD)-44.9as on Mar 31, 2024
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EBITDA
$-99.16 M (USD)-81.95as on Mar 31, 2024
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Latest Funding Round
$50 M (USD), Post-IPO
Jun 30, 2025
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Investors
Deep Track Capital
& 1 more
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Employee Count
50
as on Mar 31, 2024
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Investments & Acquisitions
Adelia Therapeutics
& 1 more
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IPO & Listings of Cybin
Cybin is a publicly listed company on the NEO with ticker symbol CYBN in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cybin
Cybin offers a comprehensive portfolio of products and services, including CYB003, CYB004, and CYB005. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Therapy developed for Major Depressive Disorder treatment.
Therapy designed for Generalized Anxiety Disorder treatment.
Therapy targeting CNS disorders under active development.
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Funding Insights of Cybin
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $50.0M
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First Round
First Round
(05 May 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Post-IPO - Cybin | Valuation |
investors |
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| Mar, 2024 | Amount | Post-IPO - Cybin | Valuation |
investors |
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| Mar, 2022 | Amount | Post-IPO - Cybin | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cybin
Cybin has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Deep Track Capital and High Trail Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Deep Track Capital is engaged in biotechnology investment activities.
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Founded Year | Domain | Location | |
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High Trail Capital is engaged in investment management services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cybin
Cybin has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Adelia Therapeutics and Small Pharma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Proprietary psychedelics-based therapeutics for neurodegenerative diseases are developed.
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2020 | ||||
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Psychedelic-based therapeutics for mental health conditions are developed.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cybin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cybin Comparisons
Competitors of Cybin
Cybin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ATAI, COMPASS Pathways, MindMed, Beckley Psytech and Psylo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A biopharmaceutical company accelerating innovative mental health treatments.
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| domain | founded_year | HQ Location |
Therapies for mental disorders, including psilocybin for depression, are developed.
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| domain | founded_year | HQ Location |
Psychedelic-based therapies for brain health disorders are developed.
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| domain | founded_year | HQ Location |
Developer of drugs for the treatment of neurological and psychiatric disorders
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| domain | founded_year | HQ Location |
Psychedelic-derived therapeutics for mental illnesses are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cybin
Frequently Asked Questions about Cybin
When was Cybin founded?
Cybin was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is Cybin located?
Cybin is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Cybin have?
As of Mar 31, 2024, the latest employee count at Cybin is 50.
What does Cybin do?
Cybin is engaged in the development of novel neuropsychiatry therapies aimed at transforming mental health treatment. The company is involved in creating proprietary drug discovery platforms, innovative drug delivery systems, and novel formulation approaches. Therapies such as CYB003 for Major Depressive Disorder, CYB004 for Generalized Anxiety Disorder, and CYB005 for CNS disorders are being developed. Partnerships with world-renowned pioneers and a focus on tryptamine-based therapies are maintained to address unmet needs in mental health. The sector of operation includes biotechnology with a specific emphasis on neuropsychiatry solutions.
Who are the top competitors of Cybin?
Cybin's top competitors include MindMed, COMPASS Pathways and Beckley Psytech.
What products or services does Cybin offer?
Cybin offers CYB003, CYB004, and CYB005.
Is Cybin publicly traded?
Yes, Cybin is publicly traded on NEO under the ticker symbol CYBN.
How many acquisitions has Cybin made?
Cybin has made 2 acquisitions, including Adelia Therapeutics, and Small Pharma.
Who are Cybin's investors?
Cybin has 2 investors. Key investors include Deep Track Capital, and High Trail Capital.
What is Cybin's ticker symbol?
The ticker symbol of Cybin is CYBN on NEO.
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