Aussie startup Psylo has recently led a $5 million seed round, and gotten the backing of global VCs for their psychedelic-inspired medicine to treat mental illness. The 2021 startup is breaking into a huge market for alternative treatments with psychedelic-assisted therapy. Research suggests that psilocybin is significantly more effective in treating major depression than existing options. And the government is catching on to this. Last year the former Australian federal government launched a $15 million fund for psychedelic clinical trials and innovative treatments. And in July 2021, the Psychae Institute, opened a $40 million psychedelic research centre in Melbourne. https://www.startupdaily.net/topic/funding/psychedelic-biotech-startup-psy

Ever found yourself endlessly scrolling the review and comment section when looking to buy something? Trying to make up your mind if a product is right for you can be a daunting task, even worse trying to sort through paid reviews to get to the nitty gritty of it. LOOKB4 connects consumers with real owners of the product you are eyeing up for a one on one chat - without any sales spin. Getting the confidence to purchase a product knowing it will be exactly right for you is what I call peace of mind.Check them out: https://lookb4.com/

Having recently graduated from Antler Australia as one of their portfolio companies. Onqlave is tapping into a market that is very much in the wind at the moment, data privacy. Onqlave is empowering organisations to incorporate data privacy capabilities within their digital architecture. Taking an engineering approach to solving privacy needs by providing privacy-as-a-service. The developer friendly platform allows businesses to build cloud native data privacy and protection in any application, in minutes. Learn more about Onqlave and what they do here: https://www.startupdaily.net/partner-content/antler-australia/the-ant

Startups can change the world. The world is facing a global food crisis of unprecedented proportions. With 345 million people facing acute food insecurity in 82 countries. So how do we tackle this issue? Meet Lleaf, the agriculture deep-tech start-up company specialising in the development of light spectrum shifting dyes. They have invented a greenhouse plastic film that shifts the wavelength of sunlight to the optimal wavelength for plant growth. By improving crop yield using the power of sunlight, they seek to feed the world of tomorrow. Learn more about Lleaf here: https://www.innovationaus.com/shifting-spectrum-of-sunlight-to-boost-plant-growth/

An exciting new startup to come out of global VC Antler's program is accountech startup Brieff. They are on a mission to make every accountant into a virtual CFO. As tech solutions to increase productivity are making our lives easier, it also means that 94% of accounting work will be replaced by tech. This means accountants are the 3rd most at-risk job to be made redundant by 2025. Brieff was created as a counter-answer to this issue and allows for accountants to scale their advisory service, pivoting their role to include more time with clients. Check out Brieff here: https://brieff.io/

As we continue to battle the tides of the so-called great resignation after COVID-19, the workforce emphasis on wellness has become the main focus for many business leaders, as well as their employees. Work and wellness are often seen as opposing terms, and we know that 1 in 5 employees resigned in 2021, citing personal wellbeing as one of the main causes for leaving. One new startup tapping into this $94 billion market is the company Wellbase. They have created the world's first employee's holistic wellness platform, proving the impact of holistic interventions on ROI and business health. https://www.wellbase.com.au/