What’s Possible: 19th November, 2021
A weekly curation of what’s possible in frontier tech.

We hope you enjoy this week's hand-picked selection of important and interesting stories from the frontiers of tech.
It’s a bug’s life: Aussie startup enlists insect army to tackle food waste
In a production facility in the Melbourne suburb of Sunshine North, Bardee is the custodian of about 1 billion Black Soldier Flies that are working hard in a vertical farming system to transform food waste into nutrient-rich fertiliser and pet products. (read)

Airwallex raises $100M at a $5.5B valuation to expand its business banking and payments platform globally
Melbourne-based Airwallex has raised $100 million, capital that it will be using to continue building out its banking and payments businesses into more markets, and to invest expanding its products. (read)

This new startup has built a record-breaking 256-qubit quantum computer
QuEra Computing, launched by physicists at Harvard and MIT, is trying a different quantum approach to tackle impossibly hard computational tasks. (read)

How Ethereum will revolutionize Intellectual Property
Intellectual property as a digital object written to the blockchain will change the way we think about publishing science, opening the process to be more transparent and realigning incentives within academic communities. (read)

Get your paycheck deposited into Coinbase
Over the next few weeks, Coinbase is rolling out the ability for customers in the US to deposit their paycheck into Coinbase. Get paid in crypto or in US dollars and deposit as much or as little of your paycheck as you want. The future of payroll is coming. (read)

Valhalla Ventures Psychedelic Therapeutics Sector Outlook
The Psychedelic Renaissance is roaring. Over the past 18 months the decriminalization of psychedelics has gone from a fringe movement to a mainstream cause. Valhalla Ventures sums up the progress in their report: Psychedelic Therapeutics Sector Outlook. (read) (full report)

Sift acquires Keyless to add biometric passwordless MFA to fraud prevention portfolio
Keyless has been acquired by payment fraud prevention leader Sift to integrate the former’s innovative biometric authentication technology for eliminating passwords. (read)

AnyDesk, a maker of remote desktop software, raises $70M at a $660M+ valuation
AnyDesk is announcing a round of $70 million to fuel its growth. The Stuttgart-based company said that the Series C values it at over $600 million. General Atlantic is leading the round, with existing investors Insight Partners, EQT Ventures and Possible Ventures also participating. (read)

Interesting adjacencies
- All gamers are used to web3 already — they just don’t know it yet. (thread)
- Where does YIELD in crypto come from? (thread)
- Portfolio: How Michael Siebers grew Holidu to a 9-figure company (read)
- Portfolio: New psychedelics for treating mental illness (listen)
- What NFTs do next is going to 🤯 your mind (thread)
- Let’s buy the US constitution (how it started) (how it’s going)
If you'd like to see more of what we’re exploring at Possible Ventures, you can follow us on Twitter.