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Fortune

Marco Quiroz-Gutierrez

Sergey Brin is using money from selling his Tesla shares to bankroll a startup developing hallucinogenic mental-health treatments

Sergey Brin Tesla Inc. Google Elon Musk

(Credit: Lionel Hahn—Getty Images)

Google cofounder Sergey Brin got a $366 million windfall from selling all his Tesla shares back in 2021—now he’s using some of the funds to back a startup studying a hallucinogenic mental-health treatment derived from an African shrub.

Brin’s nonprofit Catalyst4 is contributing $15 million of a $25 million funding round in biotech startup Soneira, the Financial Times reported, citing several people briefed on the discussions.

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