MagicMed Industries Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 4

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $48.1M

MagicMed Industries General Information

Description

Operator of a biotechnology company intended to create a library of novel derivative molecules based on classic psychedelics. The company intends to develop new psychedelic-derived pharmaceutical, nutraceutical, and consumer goods products that are more effective and safer in addressing numerous psychological indications, thereby enabling researchers to provide innovative processes, technology and expertise that pharma and consumer goods companies do not possess internally.

Contact Information

Website
www.magicmedindustries.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1 - 36 Street North West
  • Suite 3655
  • Calgary, Alberta T2L 1Y8
  • Canada
Primary Industry
Drug Discovery
Other Industries
Pharmaceuticals
Biotechnology
Acquirer
Enveric Biosciences
Vertical(s)
Life Sciences
Corporate Office
  • 1 - 36 Street North West
  • Suite 3655
  • Calgary, Alberta T2L 1Y8
  • Canada

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

MagicMed Industries Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 16-Sep-2021 $48.1M Completed Generating Revenue
2. Early Stage VC 17-Dec-2020 Completed Generating Revenue
1. Corporate 02-Sep-2020 $1.25M $1.25M Completed Generating Revenue
To view MagicMed Industries’s complete valuation and funding history, request access »

MagicMed Industries Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

MagicMed Industries Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
The Conscious Fund Venture Capital Minority
To view MagicMed Industries’s complete investors history, request access »

Ready to get started?

Request a free trial

MagicMed Industries FAQs

  • When was MagicMed Industries founded?

    MagicMed Industries was founded in 2020.

  • Where is MagicMed Industries headquartered?

    MagicMed Industries is headquartered in Calgary, Canada.

  • What is the size of MagicMed Industries?

    MagicMed Industries has 4 total employees.

  • What industry is MagicMed Industries in?

    MagicMed Industries’s primary industry is Drug Discovery.

  • Is MagicMed Industries a private or public company?

    MagicMed Industries is a Private company.

  • What is the current valuation of MagicMed Industries?

    The current valuation of MagicMed Industries is .

  • What is MagicMed Industries’s current revenue?

    The current revenue for MagicMed Industries is .

  • How much funding has MagicMed Industries raised over time?

    MagicMed Industries has raised $9.3M.

  • Who are MagicMed Industries’s investors?

    The Conscious Fund has invested in MagicMed Industries.

  • When was MagicMed Industries acquired?

    MagicMed Industries was acquired on 16-Sep-2021.

  • Who acquired MagicMed Industries?

    MagicMed Industries was acquired by Enveric Biosciences.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »