What’s Possible: 25th February, 2022

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

Fast-tracking jobs and technologies for space

The Morrison Government is injecting more than $65 million to get Australian technologies into space sooner and to make the nation a leading destination for launch. (read)

Australian Space Agency @AusSpaceAgency

In a major boost for our 🇦🇺 space industry, we're fast tracking access to space - this includes $32.3m for spaceport development, $32.5 to support spaceflights, a framework for human spaceflight & starting work to put an Aussie 🧑‍🚀 in space: bit.ly/3vgzVmr

1:33 AM ∙ Feb 25, 202236Likes6Retweets

Psilocybin treatment for major depression effective for up to a year for most patients

Previous studies have shown that psychedelic treatment with psilocybin relieved major depressive disorder symptoms in adults for up to a month. Now, in a follow-up study of those participants, the researchers report that the substantial antidepressant effects of psilocybin-assisted therapy, given with supportive psychotherapy, may last at least a year for some patients. (read)

‍Immutable X Protocol Orderbook — Solving Order Fragmentation

At the heart of all NFT marketplaces is the concept of the “order”. The first order to be created (whether it’s a listing or an offer) is called the “maker” order, and the opposite order which “fills” the maker order and creates a trade is the “taker” order. So what happens to “maker” orders before taker orders appear to fill them? (read)

‍Automata expands its lab automation ambitions with $50M B round

Automata, which got its start making a robotic arm for handling individual tasks, has now raised $50 million to automate entire lab processes from start to finish. (read)

Berlin-based platform for embedded finance Monite has raised $5 million

With the new capital infusion, the company will look at the roll out of a full-scale white-label solution that can be implemented in just 24 hours. (read)

Interesting adjacencies

• Lux Capital’s Josh Wolfe: Venture is eating the investment world (listen)
• 🍒 Joshua Ismin, Sam Banister and the stellar team at Psylo have launched a monthly 'Psychedelic Science Newsletter'!  (sign-up)
• Stratechery: Shopify’s evolution (link)
• Trends.vc gives a TL;DR breakdown on Influencer Marketing (link)
• CryptoTax Calculator just released a 2022 US Crypto Tax Guide (link)

If you'd like to see more of what we’re exploring at Possible Ventures, you can follow us on Twitter.

‍