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Funding & Investment
InvestorsVenture Capital

Evolve Ventures

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Evolve Ventures is the venture arm of EVOLVE, an umbrella organization that says it has two divisions: Evolve Ventures and Evolve Foundation. The firm says Evolve Ventures was initially funded by the Shao family with a $100 million pool and invests in for-profit companies aligned with its mission. The organization describes its work as global, with a particular focus on the United States and China.

Evolve Ventures appears in the psychedelic ecosystem through its investments in companies such as Beckley Waves, Homecoming, and MycoMedica on its public investments page. Its portfolio also includes mental health, meditation, and consciousness-oriented companies, which places it near the broader psychedelic-adjacent landscape even when the company itself is not a direct drug-developer.

Investor Context

Venture Capital

Investment Context

This stakeholder is listed as a Venture Capital Fund within Venture Capital. Its public geography context is global. Public stage signals include Seed, Series A/B, and Growth / Late Stage. Public focus areas include Drug Development.

Public Portfolio Examples

  • Beckley Wavesprogram-related investment
  • Homecomingventure investment

Evolve Ventures is a mission-driven investor within the EVOLVE platform, with a public-facing emphasis on consciousness, inner transformation, and companies that address mental wellbeing and related forms of human suffering. Its investments span psychedelic-adjacent infrastructure and therapy-support businesses alongside meditation, mental health, and personal-growth products, with public examples including Beckley Waves, Homecoming, and MycoMedica. The firm says it operates globally and concentrates especially on the United States and China, which suggests a broad ecosystem orientation rather than a single-country niche.

Investor Type

Venture Capital Fund

Geographic Scope

Global

Psychedelic Focus

Psychedelic-Adjacent Focus

Engagement

Active

Investment Stage Focus

SeedSeries A/BGrowth / Late Stage

Investment Focus Areas

Drug Development

Investment Orientation

Engagement Status

Active

Investor Type

Venture Capital Fund

Investment Website

Recorded Investments

Beckley Waves

Date unknown

program-related investment

A psychedelic-sector venture studio focused on building operational infrastructure for the global psychedelic ecosystem.

Investments - evolvevf

Homecoming

Date unknown

venture investment

A patient-care platform for psychedelic therapy.

Investments - evolvevf

Quick Facts

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