We just led the $2.5M seed round of Eywa Biotech, the first company in Latin America producing pharmaceutical-grade psychedelic compounds through biosynthesis. When I first met Victoria Costa Paz, she told me her goal was simple but audacious: to reinvent the future of mental health, to make it safe, accessible, sustainable, and built on real science. At just 28, she’s done something no one in Latin America has before. Eywa is scaling the biosynthesis of psychedelic compounds like psilocybin, the active ingredient now being studied globally for depression, PTSD, and anxiety. Even in the USA, the FDA has already granted a psilocybin analog compound "breakthrough therapy" status as an adjunctive treatment for major depressive disorder, recognizing that early data is too promising to ignore. While it’s not yet approved, this designation is accelerating research worldwide and opening the door to a new era of mental health treatments. Instead of relying on slow, resource-intensive extraction, Eywa uses synthetic biology to produce these molecules faster, cleaner, and at a fraction of the cost, all under GMP standards. What Victoria and her team are building is more than a company. It is a signal. That world-class biotech can come from anywhere. That women-led science deserves conviction capital. And that Latin America can lead in deep tech and mental health innovation. The science is already happening... → Psychedelic compounds, sustainably produced → Clinical-grade quality, globally scalable → Accessible treatments for millions We’re proud to lead Eywa’s $2.5M seed round alongside Draper Cygnus, GRIDX, and Panambí Ventures, and to support Victoria and her team as they build a new foundation for mental health, sustainably and at scale. The future of mental health will be built by the founders bold enough to reimagine it.
I knew you were a gem when I met you Victoria Costa Paz - looking forward to changing the future of mental health for the better, together!
This is frontier biotech at Draper.
Yay Michelle!!
Happy to be part with Panambí Ventures
We are so proud of Eywa Biotech! 👏
Congratulations Victoria Costa Paz!
Congrats Victoria Costa Paz!!
Fantastic news!! Congrats team @draper.vc and Victoria and team!!
Pulling this off takes real vision AND execution. Scaling biosynthesis to GMP in a new market is no easy feat. Very cool to see this moving forward. Congrats Victoria Costa Paz !
Co-founder & CEO @ EYWA | Psychedelics | Sigma Squared Fellow | Leader of Tomorrow 53rd St Gallen Symposium | Business & Tech
2wThank you Michelle Kwok and the Draper Associates team for believing in Eywa Biotech and in the power of science led from Latin America to the world!! This is just the beginning, let’s gooo ✨🚀