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Atai Life Sciences Co Founder Florian Brand To Step Down As CEO, Srinivas Rao To Assume Role

PRIVATEMay 15, 2024about 2 years ago

Position

Chief Executive Officer

Company

atai Life Sciences

Srinivas Rao
BerlinBiotechnology

Description

Atai Life Sciences announced a planned transition in its top leadership. Co-founder Florian Brand will step down as chief executive officer by year’s end, and Srinivas Rao, the other co-founder and current chief scientific officer, will assume the role of co-CEO on June 1 before becoming sole CEO subject to appointment requirements.

Company Information

Company

atai Life Sciences

Location

Berlin, Berlin, Germany

About

ATAI is a global biotech company builder that leverages a decentralized, technology- and data-driven platform model to serve millions of people suffering from mental health disorders. The company is committed to acquiring and efficiently developing innovative treatments that address significant unmet medical needs and lead to paradigm shifts in themental health space.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.