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Hercules Capital

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San Mateo, CA, United States

Hercules Capital, Inc. is a publicly traded specialty finance company and business development company focused on senior secured venture growth loans for venture capital-backed companies. It was founded in 2003 and is based in San Mateo, California, in the United States.

Hercules is relevant to the psychedelic ecosystem because its life sciences practice finances biotechnology and other healthcare companies at clinical and commercial stages, including companies in the broader CNS and drug development space. Public filings show Hercules has been a lender to ATAI Life Sciences, making it a financing counterpart to a psychedelics-focused public company.

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

Hercules Capital primarily provides non-dilutive venture debt and growth capital rather than traditional equity venture capital, with dedicated focus areas in life sciences and technology. Its life sciences platform emphasizes clinical and commercial stage biotech, pharmaceuticals, medical devices, diagnostics, healthcare services, and healthcare technology, which makes it a plausible capital provider for psychedelic drug developers that fit those profiles. Public filings also show exposure to ATAI Life Sciences, reinforcing its relevance to the psychedelic ecosystem.

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

Portfolio Stakeholders

Recorded Investments

private placement

ATAI appears as a portfolio company in Hercules' public filing, showing direct exposure to a psychedelic-focused public company.

10-Q - 05/01/2025 - Hercules Capital, Inc.

Quick Facts

Founded
2003
HQ
San Mateo, CA, United States
Website
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