Graymatter Labs Raises $1.3 Million Seed Round Led By Venrex And APEX For Brain Health Innovations

Graymatter Labs Inc., a Chicago-based consumer mental wellness company, has raised $1.3 million in a seed round led by Venrex and APEX to expand its flagship nootropic drink mix, Bright Mind. The investment will support team growth, marketing initiatives, and continued innovation in functional brain-boosting formulations.

Summary of transaction details:

• Deal Type: Seed
• Transaction Amount: $1,300,000
• Founders: Jim Phillips & Novisa Petrusich
• Investors: Venrex, APEX & Palette Ventures
• Headquarters: Chicago

Graymatter aims to make daily cognitive supplementation as common as a morning cup of coffee. Bright Mind, developed over 18 months with a PhD Molecular Biologist, delivers noticeable focus and clarity within minutes without the jitters or crashes associated with traditional stimulants.