Possible Ventures

“Fusion has to come fast and it has to come cheap”. Congrats to Marvel Fusion for closing their $70m million Series B. Endless carbon-free energy is a big vision. Laser-driven fusion could be a game changer for humanity, and four years after our initial investment, we continue to believe this team will make it a reality. Construction of a $150m demonstration facility in Colorado begins next month. Welcome to new investors HV Capital, b2venture, Bayern Kapital, Deutsche Telekom, SPRIND - Bundesagentur für Sprunginnovationen and Tengelmann Ventures. https://lnkd.in/gYapRnEi #nuclearfusion #fusion #climate #energy #deeptech #frontiertech #lasers #possible

🥳Today, I’m very excited to share the launch of our new Shiitake Infusion product that is designed to be ‘infused’ into or blended with ground beef. 🤝 By blending our Shiitake Infusion with beef, consumers can enjoy a familiar, satisfying taste experience that wins on health and price, while reducing the environmental impact. 🎗️At Fable Food Co, we believe in supporting people who want to reduce their meat intake as the most effective way to create change. Fable produces the mushrooms rather than the beef and we recognize the importance of an inclusive approach, which focuses on reducing meat consumption rather than pushing for an all-or-nothing shift. 🍄🟫 Results from product trials we've conducted in Australia show strong demand, and we believe this is a crucial step toward creating a more sustainable food system. 🏆 NECTAR, a leading consumer insights firm, recently conducted a blind taste study of products in the industry. The study, which was also released today, shows that our newest product, the Shiitake Infusion, outperformed 100% beef in taste and texture, with consumers even ranking it as ‘more meaty’ than 100% beef products, signaling a real chance to meaningfully reduce global meat consumption on a larger scale. 📰 The release of this product has been quite a journey. Read more in my full article below, and feel free to reach out if you’re a retailer, beef processor, restaurant or catering company interested in partnering with us.

Enjoying an entertaining introduction to the panel discussion of Australia’s Energy Transition: Investing in a Greener Future by Australia’s Ambassador to the United States, Dr. Kevin Rudd. In addition to lamenting the disappointment that we’ve missed the opportunity of having a priced carbon market for the past 15 years, and celebrating Australia’s world-leading 30% of residential housing with installed solar, he left us with this: “Australia = the periodic table. We mine many of them, we process some of them. When you think of critical minerals and the security of battery technology, think no further than Australia. Critical mineral supply is essential to the future of batteries, which is essential to the future of an electrified economy, and Australia is positioned as a key player for economic progress in 21st century.” Thanks for hosting an exceptional event American Australian Association! Daniel O'Toole Amanda Wormald Jennifer Diggins, MPM John Thwaites

We’re investing again in Reverion, underscoring our belief in its potential to be a step-change leader in energy transition, and our commitment to back bold teams building technologies that push the boundaries of what's possible in climate tech. Reverion is reimagining power plants for a 100% renewable future. Utilising advanced fuel cell technology, their modular systems not only double the power output from existing biogas plants but can also store energy when there is excess renewable energy available in form of methane or hydrogen. Their technology is replacing 19th-century combustion engines across industries, paving the way for a thriving, resilient planet powered by clean, abundant energy. Cheers to reaching this milestone and for the journey ahead! #ClimateTech #SeriesA #EnergyInnovation #CleanEnergy #RenewableEnergy

FLO Materials is #hiring for two technical roles to join our team in Santa Barbara ⛰ 🌊 . If you know anyone who might be a great fit, please encourage them to apply! 👩🔬♻👨🔬 Polymer Chemist (https://lnkd.in/gHZRTFsq) Research Associate (https://lnkd.in/gZVS9kpe)

This Wednesday, we had the privilege of participating in the High-Level Foundation Roundtable, focused on advancing the #ClimateTech ecosystem in Germany. The main narrative centered around the need for increased support from German foundations and government bodies in investing in Climate Tech #FOAK (First of a Kind) facilities, underscoring the potential of German Climate Tech to lead globally. A highlight of the event was engaging in discussions with Bill Gates and Robert Habeck, sharing insights and exploring avenues for fostering innovation in the sector. Our CEO Stephan Herrmann advocated for the establishment of a FOAK fund that merges debt and equity financing to support startups, especially those establishing production facilities. The conversations emphasized the importance of public de-risking to stimulate private investment and the need for loan guarantees to aid Climate Tech startups in scaling their operations. It was a momentous opportunity to align our goals with broader policy and foundational support, inviting government and foundations to back initiatives that create jobs and stimulate growth. Thanks for the inspiring and productive discussions to all organizers and involved parties, amongst others Energy Resilience Leadership Group, BMW Foundation Herbert Quandt, Bill & Melinda Gates Foundation, Federal Ministry for Economic Affairs and Climate Action, Bundesministerium der Finanzen, UnternehmerTUM, KfW Capital , DTCF | DeepTech & Climate Fonds, TURN2X, H2SITE, KRAFTBLOCK, ecoLocked, Stifterverband, Karl Schlecht Stiftung , Max-Planck-Förderstiftung, Siemens Stiftung, Stiftung Mercator GmbH, Vector Stiftung, Carl-Zeiss-Stiftung, HFO Henkel Family Office e.V. and Haniel Stiftung.

Ian Rountree at Cantos shared some thoughts on financing deep tech and climate tech that I want to build on through the lens of what we're seeing in Australia and Europe. In Australia, the arrival of "new infrastructure" funds like Wollemi Capital is an important step. A group of deep tech investors discussed the issue and possible solutions last year, summarised in a post by Phil Morle: https://lnkd.in/gzik3Brh In Europe, Yair Reem at Extantia (our co-investor in Reverion) also wrote a thoughtful piece on this last year: https://lnkd.in/gV-SxCAw This was expanded on by Freya Pratty in Sifted's 'How Climate Tech startups can solve the FOAK question': https://lnkd.in/gMHmSxhz Reverion's CEO Stephan Herrmann posted about his discussions with Bill Gates and Robert Habeck on the establishment of a "FOAK fund" that merges debt and equity to capitalise on Germany's industrial roots and catalyse deep/climate tech: https://lnkd.in/gdsBzqmB Sophisticated family offices are also starting to provide equity and debt to deep tech scale-ups. And while much of this must come from private investors, public/private partnerships are critical. Munich's Marvel Fusion is a good European example, building a laser fusion facility in Colorado with Colorado State University and the US Department of Energy: https://lnkd.in/gGye7J7m It takes more than just a village! #deeptech #climatetech #FOAK

Congratulations Dr. Tobias Lieberum and team on the public launch of CyberDesk today - huge step forward in the fight against data breaches! Learn more here: https://lnkd.in/difZFTxN

We're just one of the deep tech VCs that review pitch deck submissions to Deep Checks each week. Thanks to Julian Shapiro for profiling our GP, Chris Hitchen, this week! If you're a founder innovating at the intersection of science and engineering, submit your deck to https://deepchecks.vc/ and connect with some of the best deep tech investors in the space.

We're investing in sustainable space tech as part of the consortium behind ISPTech's €2M pre-seed funding which will be used to advance their eco-friendly spacecraft propulsion systems. As the space economy grows, the need for reliable and green propulsion solutions is crucial. ISPTech’s innovative technology, developed from over a decade of R&D at the German Aerospace Center, uses non-toxic propellants, making space missions safer and more sustainable. This funding, led by HTGF | High-Tech Gründerfonds with support from First Momentum Ventures, will bring their groundbreaking technology to market by 2025. Learn more about ISPTech's journey at isptech.space #Investment #SpaceTech #GreenPropulsion #Innovation #Sustainability #VentureCapital