What’s Possible: 27th May, 2022

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

The Startup Playbook chats with Chris Hitchen on investing in the possible

"As an investor we are often talked into looking at probability and what could go wrong...I prefer to focus on what's possible" (listen)

Immutable on Bankless: Scaling NFTs to a Billion Players with L2/L3

Co-Founder & President, Robbie Ferguson and Co-Founder & CTO, Alex Connolly join us to reveal something very important: the next chapter of Immutable (Possible Ventures portfolio company). (watch)

Synthesis Capital closed its first fund with $300M, giving boost to food tech’s future

Synthesis Capital, the one-year-old London-based food technology and alternative protein investor, closed its first fund with over $300 million in capital commitments. (read)

a16z Crypto Fund 4

Today we are announcing a16z crypto Fund 4. We’ve raised $4.5B to invest in promising web3 founders and startups, bringing our total crypto funds raised to more than $7.6B. (read)

The Aussie startup creating next-generation psychedelics

Profile piece on Possible Ventures portfolio company, Psylo: Psychedelic therapy is back on the research agenda, with local drug developers mixing potentially magic molecules. (read)

Interesting adjacencies

• Sequoia: Adapting to endure (link)
• Immutable and StarkWare to unlock planet scale games (link)
• TikTok is leaning on video games to keep users hooked (link)
• Xavier Ekkel, founder of Possible Ventures portfolio company, prePO, discusses all things liquidity (listen)
• Uniswap, Chainlink Down 8% as DeFi Tokens Slump (link)
• Ketamine for Alcohol Use Disorder (link)
• Inside Charm Industrial’s big bet on corn stalks for carbon removal (link)

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