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CB Therapeutics is a Carlsbad, California-based synthetic biology company developing biosynthetic psychedelic compounds and their novel analogues using a proprietary yeast fermentation platform. Founded in 2015, the company has raised $11.62M from investors including Y Combinator, Pioneer Fund, and re.Mind Capital. CB Therapeutics has achieved biosynthesis of psilocybin, psilocin, DMT, and MDMA analogs, holds seven granted patents with twelve pending, and has partnered with atai Life Sciences and Cleveland Clinic for clinical supply. Its PsyVault™ platform houses the largest collection of biosynthetic psychedelics and analogues.

Development Programmes

2

Biosynthetic Psilocybin

Psilocybin
Discovery

Mental health (TRD / depression) — biosynthetic supply platform

Programme Tracker

Major Depressive Disorder (MDD)

Primary: US (FDA)
DiscoveryActive

Precision fermentation platform for psilocybin, DMT, and tryptamine analogues. Cleveland Clinic MOU (2020) for clinical trial supply. No clinical trials initiated. No public updates since mid-2020.

Milestones

Discovery completed

Completed

Actual: Dec 4, 2019

CB Therapeutics achieved breakthrough biosynthesis of psilocybin, psilocin, and related tryptamines via engineered yeast fermentation

Why it matters: Biosynthetic production of psilocybin via fermentation could dramatically reduce cost vs. chemical synthesis or botanical extraction. CB Therapeutics was among the first companies to demonstrate GMP-viable fermentation routes for psychedelic compounds.

Watch next: GMP manufacturing scale-up, clinical trial supply agreements

Discovery completed

Completed

Actual: Jun 3, 2020

Biosynthesis breakthrough for DMT and related tryptamine compounds announced

Why it matters: Expanded the fermentation platform beyond psilocybin to DMT and tryptamine derivatives, broadening potential supply applications.

Licensing deal

Completed

Actual: Apr 20, 2020

Collaboration MOU signed with Cleveland Clinic for clinical trial supply of psilocybin, DMT, and MDMA analogues

Why it matters: Cleveland Clinic partnership validated the biosynthetic platform for clinical-grade supply. However, no clinical trials have been publicly registered from this collaboration as of April 2026 — the MOU may be dormant.

Recorded Events

Jun 3, 2020: Discovery completed

Apr 20, 2020: Licensing deal

Dec 4, 2019: Discovery completed

DMT Analogues

DMT
Discovery

Depression / anxiety — biosynthetic DMT analogue library

Quick Facts

Type
Private Biotech
Founded
2015
Lead Stage
Discovery
Website
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