Weekly Dose of Optimism #43
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Weekly Dose of Optimism #43
Frontier, Seaflooding, Alzheimer's Mutations, Reversing Brain Signals, Space Cells
Hi friends š,
Happy Friday and welcome back to our 43rd Weekly Dose of Optimism.
We got Advance Market Commitments putting their money where their mouth is, novel approaches to fighting climate change, promising brain research on both Alzheimerās and major depressive disorder, and some space cells. Big week.
Letās get to it.
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1) Frontier buyers sign first $53M in offtake agreements with Charm Industrial
From Frontier
Frontier has facilitated its first set of offtake agreements with Charm Industrial, totaling $53M. Frontier buyers will pay Charm to remove 112,000 tons of COā from the atmosphere and store them permanently underground between 2024 and 2030.
Weāve written about Frontier, the advance market commitment (AMC) from Stripe, Alphabet, Shopify, Meta, and McKinsey a few times since it was first announced. Frontier is most notable for two reasons: 1) its focus on carbon removal and 2) its āadvance commitmentā structure, which reflects a āif you fund it, they will comeā philosophy.
On Thursday, Frontier announced its first actual carbon offtake agreement with with Charm Industrial, totaling $53M. Charm, which is led by former Segment founder and CEO Peter Reinhardt, has a unique approach to carbon removal. Charm Industrial converts biomass into a stable, carbon-rich liquid and then pumps it deep underground, where it is stored permanently.
This is likely the first of many similar Frontier projects, as the AMC has committed over $1B to fund carbon removal projects. It currently has 16 organizations in its portfolio that are taking novel approaches to carbon capture and removal.
(2) Seaflooding
Tomas Pueyo for Unchartered Territories (h/t @TamarHaspel)
Sea levels might rise by one to two meters by the end of the century.
What if I told you there was a way to mitigate that, while creating new habitats and more life, growing the economy, and making money along the way?Letās call it seaflooding.
While Frontier funds carbon removal projects, even more creative solutions to climate change are being proposed ā like this one, dubbed āSeafloodingā from Tomas Pueyo. The general idea of Seaflooding is to flood sub sea-level areas with water turning vast deserts into flourishing (and energy producing) ecosystems. The top two candidates for such Seaflooding, according to Pueyo, are the Dead Sea and the Qattara Depression.
Hereās generally how it would work:
Build pipelines from a sea into a sub sea-level desert area
Generate electricity from the flow of seawater into desert area
Slowly a new, flourishing natural ecosystem develops
Infrastructure, communities, and economies follow
Itās tough to comprehend the scale, complexity, and timelines of a project like this, and frankly weāre not in a position to cast judgement on its feasibility. But, at face-value, it seems like an idea that, if properly executed, could both a) generate a cheap electricity and b) transform deserts into vibrant sealine communities.
(3) Mutation Protected Man From Alzheimerās Disease, Hinting at Treatment
Gina Kolata for The New York Times
More than six million people in the United States have Alzheimerās, a disease that has been notoriously difficult to treat. Yet here was a man with a mutation that causes the most severe and rapidly progressing form of Alzheimerās. And his disease was delayed for two decades. If a drug could do what the mutation did, resulting in most people getting Alzheimerās very late in life, the outcome could be transformative.
This story, from the NYT, is based on a new research paper published in Nature earlier this week. The paper investigates the unique story of a man who, according to all biomarkers, should have developed the symptoms of Alzheimerās in his early 40s but did not show signs of the disease until he was well into his 60s. The development of his Alzheimerās, which itself is caused by a gene mutation, was stunted by a separate gene mutation which blocked the disease from entering his entorhinal cortex.
The finding is important because if a drug could accomplish what this mutation did, it could delay the onset of Alzheimerās for years and even decades. Animal studies are already underway, but FDA approved drugs are likely years away. This is, of course, just one approach to delaying or curing Alzheimerās ā but weāre encouraged by the number of promising Alzheimerās treatments coming out in just the last couple of years.
(4) Researchers treat depression by reversing brain signals traveling the wrong way
Nina Bai for Stanford Medicine News Center
Powerful magnetic pulses applied to theĀ scalp to stimulate the brainĀ can bring fast relief to many severely depressed patients for whom standard treatments have failed. Yet itās been a mystery exactly how transcranial magnetic stimulation, as the treatment is known, changes the brain to dissipate depression. Now, researchĀ led by Stanford Medicine scientistsĀ has found that the treatment works by reversing the direction of abnormal brain signals.
Transcranial Magnetic Stimulation (TMS) has been used to treat major depressive disorder since the late 1990ās, but researchers have just now discovered how exactly is works. New research from Stanford indicates that TMS works by works by reversing abnormal brain signals. The research found that the flow of activity between the anterior insula and the anterior cingulate cortex is reversed, and this reversed flow correlates with the severity of depression. This is an important finding for two reasons:
It gives researchers a better understanding of how this treatment actually works.
the reversed flow could potentially serve as a biomarker for diagnosing and triaging depression.
Generally TMS is a non-invasive and safe alternative treatment method for patients that have not taken to medicine or psychotherapy.
(5) Is space the place for stem cell manufacturing? Scientists will soon test that on the ISS
Helen Floersh for Fierce Biotech
The worldās second-ever private astronaut mission to the International Space Station will not only ferry up the first Saudi Arabian woman to go to space but also a first-of-its-kind experiment that will test whether scientists can create induced pluripotent stem cells, or iPSCs, in microgravity. The experiment is part of a series that could eventually lead to new ways to manufacture stem cells en masse.
The most interesting stuff happens at the intersections. In this case, the intersection of space and biotech.
Thereās already evidence that microgravity might be an ideal growing ground for stem cells, and this mission is meant to give a team of medical researchers a real-life 5 day view if thatās truly the case. Of course, a mission like this is, at least in part, due to that drastic decrease in launch costs brought on by SpaceX that makes a whole slew of new space endeavors possible.
Stem cells are particularly interesting because they can be reprogrammed into any type of cell. But a whole slew of chemical and drug development projects could benefit from the unique characteristics of space. This idea, that manufacturing in microgravity is now both possible and advantageous, is the core insight behind Not Boring Capital portfolio company Varda. Youāll be hearing more about them soon.
Space drugs. Woah man.
BONUS: Not Boring Biotech Partner, Elliot Hershberg, is attending and speaking at the SynBioBeta Conference from May 23 - May 26th in Oakland, CA. SynBioBeta is the largest synbio conference of the year and a great opportunity to learn from and meet many of the leading researchers, operators, and investors in synbio today.
Prior to the conference, on May 21st, Not Boring is hosting an event with Fifty Years called āViriditas Feast.ā You can apply to attend!
EVENT DESCRIPTION: What if we could grow anything? How can we enable a beautiful and abundant future for an expanding population? How can we manifest the Bioeconomy? These are some of the central questions for the growing field of synthetic biology. Letās explore answers to these questions together. Join us at the Fifty Years HQ in San Francisco for an evening of food and conversation with a community of scientists and leaders from the biological frontier.
Thatās all for this week. Weāll be back in your inbox on Monday.
Thanks for reading,
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