Innovation Investments

Moonshots

1. AquaBounty Technologies Inc. (AQB)
   • Specialises in land-based seafood farming
   • Produce and farm genetically engineered salmon spawns
2. Amyris Inc. (AMRS)
   • Leader in SynBio (synthetic biology)
   • Currently focused on scaling up production of sustainable ingredients for clean health and beauty, flavours and fragrances
3. Gevo Inc. (GEVO)
   • Specialises in renewable alternatives to petroleum-based products
   • Currently building a refinery that should meet their SAF (Sustainable Aviation Fuel) delivery agreements with major airline carriers world-wide.
4. Genmab (GMAB)
   • A very successful biotech company
   • Specialises in cancer therapeutics
5. Bionano Genomics Inc. (BNGO)
   • OGM (Optical Genome Mapping) device manufacturer
   • Specialises in low-cost, high-precision genome structural variation detection devices.
   • Add an “I” to the ticker symbol to guess why I have my fingers crossed on this one
6. Pacific Biosciences of California Inc. (PACB)
   • Manufactures devices for long-read and short-read sequencing
   • Competes with Bionano Genomics (BNGO) in the genome analysis space
7. Asensus Surgical Ltd. (ASXC)
   • Develops and manufactures minimally invasive surgical robots.
   • A knee-jerk reaction to missing out on Intuitive Surgical (ISRG) 7 years ago
8. QuantumScape Corp. (QS)
   • Currently developing the most bleeding edge solid-state battery
9. NU Holdings Ltd. (NU)
   • Latin America’s largest fintech and neobank
10. StoneCo Ltd. (STNE)
    • Similar to Nu Holdings but caters for merchants and SMB (Small and Midsize Businesses).
11. Kopin Corp. (KOPN)
    • Develops and manufactures wearable technologies
    • Their AR & VR wearables have broad application across military, enterprise and industrial segments.
    • Quite small and potentially an acquisition target.
12. Desktop Metal Inc. (DM)
    • Manufactures 3D-printers and provides additive manufacturing solutions across a very broad range of industries.
    • Challenges in automation and mass production of 3D-printed components.
    • Probably still struggling to streamline processes across acquired businesses.
13. Markforged Holding Corp. (MKFG)
    • Same as Desktop Metal (DM) but has advanced software solutions for automated and remote management of 3D-printing hardware.
14. CRISPR Therapeutics AG (CRSP), Intellia Therapeutics (NTLA), Editas Medicine (EDIT)
    • Advanced genome editing companies
    • Thumb twiddling, while waiting for impactful progress and reasonable entry points
15. Schrödinger (SDGR), Recursion Pharmaceuticals (RXRX), AbCellera Biologics (ABCL)
    • Providers of simulation and computing software platforms for accelerated drug discovery.
16. NIO Inc. (NIO)
    • Manufacturer of affordable luxury EVs with autonomous driving experience.

Enablers

1. Vale (VALE), Freeport-McMoRan Inc. (FCX), Rio Tinto PLC (RIO), BHP Group Ltd. (BHP)
   • Mineral resources for the electrification revolution and EV industry.
2. Maravai LifeSciences Holdings (MRVI)
   • Provides products/reagents for R&D of various therapies, vaccines and diagnostic solutions
   • Biggest supplier of mRNA vaccine reagents to Pfizer, BioNTech and Moderna.
3. Pyrogenesis Canada Inc. (PYR)
   • Provides green industrial waste management solutions and industrial process optimisations.
   • The CEO’s unwillingness to disclose names of newly signed on customers is a red flag and cause for worry.

Risks

Opportunities