| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | Germany |
| Sector | Biotech |
| Collapse type | Mass Layoff Spiral |
ATAI Life Sciences
"Peter Thiel-backed psychedelic medicine company that went public at $2.3B and collapsed 93% by 2024."
Cascading layoffs that accelerated the decline
Key Events Timeline
ATAI Life Sciences went public via Nasdaq IPO in June 2021 at a $2.
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