What’s Possible: 4th February, 2022

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

‍European industrial giants join nuclear fusion race

Possible Ventures is proud to be increasing its commitment to Munich’s Marvel Fusion in a €35m round alongside new investors Earlybird Venture Capital.

In the almost two years since we first invested, Moritz von der Linden has built a formidable team and achieved ongoing scientific validation. We believe fusion is an important part of decarbonising our planet, alongside renewables and other initiatives.

It takes a very bold vision, brilliant entrepreneurs, lots of money and broad industry collaboration to affect meaningful, global scale change. With this funding and the support of industrial leaders Siemens Energy, Trumpf and Thales, this vision just got a little closer to becoming reality. Bring on the lasers! (read)

CBA backs OwnHome - ‘live now, buy later’ start-up that will ditch home deposits

Housing affordability is a huge issue that ⁦⁦@Ownhomeco is set to change. ⁦@PossibleVC is investing again in this round alongside old friends at ⁦@x15ventures, @SquarePegCap, @AfterWorkVC, @EntreeCap. (read)

Ark Invest’s Annual Research Report

Cathy Wood’s team at Ark Invest have delivered another must-read assessment of disruptive innovation. (read)

GameStop launches NFT marketplace on Immutable X, creates $100M dev fund

GameStop has teamed up with Immutable X to launch a marketplace for nonfungible tokens (NFTs) later this year. Immutable and GameStop are also creating an up-to-$100-million fund dedicated to providing grants to game developers and studios to build on Immutable X and the NFT marketplace. (read)

FLOWBIO: Decoding athletic performance through sweat.

Possible Venture’s portfolio company, @flowbio, uses nanotechnology to build a biowearable that analyses sweat in real-time for performance insights: a "USB for the human body". (read)

Interesting adjacencies

• Paul Veradittakit (Panterra Capital) on what sets @PerionDAO apart as a gaming guild (link)
• Epiphanic thread from Psylo founder, @samuel_b_phd, on the profound pharmacology of psychedelics (thread)
• Serena Williams joins Sorare as a board advisor (thread)
• Where Web3 & psychedelics might meet (read)
• a16z now creating web3 software (thread)
• Azeem Azhar: AI, Microbiome and the Future of Health (read)
• Casey Newton: Why gamers hate crypto, and music fans don't (read)

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