Therapy

FDA Reviews MDMA Therapy for PTSD, Citing Health Risks and Study Flaws

The Food and Drug Administration on Friday raised concerns about the health effects of MDMA as a treatment for post-traumatic stress disorder, citing flaws in a company’s studies that could pose major obstacles to approval of a treatment anticipated to help people struggling with the condition. The agency said that bias had seeped into the …

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Grow Therapy secures $88M funding for virtual mental health platform

Provider-focused digital mental health company Grow Therapy announced it has closed $88 million in Series C funding.  Sequoia Capital led the round, with additional investment from Growth Equity at Goldman Sachs Alternatives and PLUS Capital. Several artists and athletes also contributed to the round, including Dak Prescott, Anna Kendrick, Joe Burrow, Lily Collins and Jrue …

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Forta scores $55M to scale parent-led autism therapy platform

AI-enabled, family-powered autism therapy company Forta announced it closed a $55 million Series A funding round led by Insight Partners.  Alumni Ventures and Exor Ventures also participated in the round, as well as the founders of Forward, Flexport, Curative, 23&Me, Prelude Fertility, Warby Parker, Harry’s and Allbirds.  WHAT IT DOES Forta combines AI and LLMs …

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