What’s Possible: 3rd June, 2022

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

Modern Synthesis is ready to grow textiles from microbes

Biomaterials startup - and Possible Ventures portfolio company - Modern Synthesis, has raised $4.1 million in seed funding to support its microbial textile platform that aims to make the fashion industry more sustainable. (read)

A new epoch!

Possible Ventures portfolio company, Epoch Biodesign, comes out of stealth to share the new tools they’re developing for adapting biology. (read)

Fintech ⇨ re:cap founder’s mission to trade future revenues for non-dilutive capital

Paul Becker is on a mission to help SaaS companies optimise their own funding and financing. re:cap has attracted funding from top-tier investors like Felix Capital, Project A Ventures, and Possible Ventures. (read) (listen)

Jesse Hudson on IP-NFTs, DAO Legal Wrappers, & PsyDAO

Molecule DAO’s legal architect, Jesse Hudson, explains how IP-NFTs are secured on the legal side, how FRENS help fractionalisation NFTs, the challenges of BioDAOs, and the mission of PsyDAO to democratise psychedelic research. (watch)

Metaverse Land: What Makes Digital Real Estate Valuable

Digital real estate has always had value. What’s different about web3 is that digital asset paradigms like non-fungible tokens (NFTs) make it possible for individuals to uniquely own – not just rent – specific pieces of digital real estate and metaverse land and locations for private or shared use. (read)

Interesting adjacencies

• MP Materials CEO, James Litinsky, on rare earths, supply chain, and energy independence (listen)
• Our Portfolio Company, Hello Inside, goes live with their scientific self care solutions (link)
• Psychedelic Chemistry with Psylo’s Dr Sam Banister (watch)
• Lazard report on the European venture and growth ecosystem (read)

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