What’s Possible: 22nd July, 2022

We hope you enjoy this week's hand-picked selection of important and interesting stories from the frontiers of tech.

Cultivated meat company Meatable showcases its first product — synthetic sausages

Meatable raised a $10 million round of funding in 2019, and followed that up with a $47 million Series A last year. Now, the Delft, Netherlands-based company is showing for the very first time what its cooked sausages look like — and they look like, well, sausages. (read)
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Zharta Raises $4.3 M to Speed Growth in Instant NFT Lending

“We’re bullish on the future of NFTs and their role in changing the landscape for climate tech, scientific innovation and data platforms more generally. As NFTs become ubiquitous, we see Zharta’s work to unlock liquidity as an essential part of the NFT ecosystem and believe that Nuno and the Zharta team will be important contributors to the NFT community,” said Possible Ventures Partner, Simon Leicht. (read)

From left to right: Pedro Granate (COO), Diogo Pires (CTO) and Nuno Cortesão (CEO).

Amazon is buying ‘membership-based’ healthcare provider One Medical for $3.9 billion

Backed by Alphabet’s GV unit (formerly Google Ventures), One Medical’s pitch includes an app, 24/7 access to on-demand telehealth services over video, and guaranteed same- or next-day appointments available through more than 125 offices. Slick YouTube videos promise “reimagined” doctors’ offices with more comfortable furniture. (read)

Mercedes Benz’ battery recycling star

A tsunami of lithium ion batteries will need to be recycled in the decades ahead to ensure the world has enough critical minerals for the energy transition. And big electric vehicle manufacturers like Mercedes-Benz are turning to an Australian to show them the way. (listen)

‘Cognitive dissonance’: Lean times loom for start-ups after bull market mania

One of the country’s largest venture capital funds has issued a bracing assessment of the industry, predicting more start-ups will fail, valuations will be lower, and some investors will leave the market as the manic final years of a decade-long bull market end. (read)

Paul Bassat’s Square Peg Capital has issued a forthright view of the Australian start-up ecosystem.CREDIT:ARSINEH HOUSPIAN

Interesting adjacencies

• Climate funding abides in $19B 2022 midyear update (link)
• A financial plan model template for Startups, from Creandum (link)
• The reckoning of “pandemic tech darlings”: Lessons on growth function shocks (link)
• a16z is moving to the cloud (link)
• DALL·E 2 now available in Beta (link)

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