Evolve Ventures

Evolve Ventures is a private early-stage venture investment firm based in San Rafael, California, operating under the broader Evolve organization. The firm invests in mission-driven companies, with a stated focus on reducing inner suffering and facilitating inner transformation at scale. Its portfolio includes mental health, wellness, psychedelic-adjacent, and selected life sciences-related companies such as MycoMedica, Kenshō Health, HealthRhythms, and Beckley Waves. Evolve is not itself a drug-development biotech or pharmaceutical operating company; rather, it functions as an investor and company builder aligned with consciousness, mental health, and inner-work themes. The organization appears active as of 2026 and is associated with founder and chairman Bo Shao and a broader Evolve platform spanning ventures, philanthropy, and internal projects.