About

Helping founders build the enduring, essential user-owned networks of the open economy from the earliest stages in their journey.

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Who we are

Fabric is a venture contributor building and backing the boldest ideas across the Open Web, the convergence of distributed computing, Web3, and AI for a decade, to create a fairer, more productive, and sustainable economy—an Open Economy.

FABRIC DNA

Fabric symbolises strength in collective unity, transcending individual threads. Like the universal presence of fabric in all societies, it stands as a cornerstone of human civilisation, from simplicity to complexity.

Fabric As

A tapestry

Total Companies Built - 13

Team on the ground: Investing out of 6 countries

Founders

Backing founders together since 2012

Open Web

Open Web dedicated since 2017

300 Founders Backed

AUM €200m+

Portfolio Headcount

Web3 Unicorns 15

Portfolio Locations

16 Different Incorporation Jurisdictions

THE BACKSTORY

Within our Fabric, each individual’s contribution is a piece of thread that plays towards who we are as a fund. Each thread is intricately connected, symbolising the collaboration and interconnectedness within the Open Economy. The power lies not only in individual contributions but in our community, compounding everyday.

1991

Richard Muirhead

RICHARD, STEVEN AND CHRISTINA ARE AT CAMBRIDGE UNIVERSITY.

1995

Richard Muirhead

RICHARD CO-FOUNDS ORCHESTREAM WITH ‘7’ AS A STRATEGIC ADVISOR.

2000

Richard Muirhead

Anil Hansjee

Richard meets Anil pitchingto float Orchestream onthe LSE.

2002

Richard Muirhead

AS EIR AT ACCEL, RICHARD FOUNDS TIDEWAY (ACQUIRED BY BMC SOFTWARE IN 2009).

2009

Richard Muirhead

Alain Falys

RICHARD STARTS BUILDING AND BACKING WITH FIRESTARTR MONIKER.

2012

Richard Muirhead

RICHARD BACKS ALAIN AT OB10.FABRIC (UNDER FIRESTARTR BRAND) CO-FOUNDED WITH ANIL HANSJEE,AND FORMAL INVESTING BEGINS.RICHARD EXPLORES DACS BEFORE VITALIK RENAMED THEM DAOS.

2013

CHRISTINA FRANKOPAN

COLLABORATION WITH PANTERANON & INVESTMENTS IN BITCOIN, CIRCLE AND BITSTAMP.CHRISTINA FRANKOPAN STARTS COLLABORATINGWITH FABRIC STUDIOS.

2015

Richard Muirhead

Anastasiya Belyaeva

AXEL WHER AND ANASTASIYA JOIN

2016

Max Mersch

Richard Muirhead

Anastasiya Belyaeva

JULIEN THEVENARD

MAX JOINS. INVESTMENTS IN ETHEREUM AND MKR.

2017

OPENWEB BECOMES FOCUS. THESIS DRAFTED SPRING 2017.

2018

Richard Muirhead

Anastasiya Belyaeva

Max Mersch

Julien Thevenard

RICHARD, ANASTASIYA & MAX LEAVE OPENOCEAN TO BUILD FABRIC FULL TIME.JULIEN JOINS & ORIGINAL THESIS IS PUBLISHED.INVESTMENTS INTO RAMP AND MESSARI.

2019

INVESTMENTS INTO NEAR, CENTRIFUGE & STAKED.

2020

INVESTMENTS INTO SORARE, NANSEN, THE GRAPH,1INCH & HASHFLOW.

2021

Anil Hansjee

FV II RAISED €125M; ANIL JOINS FULL-TIME; ‘7’ JOINS.

2022

FIRST COHORT OF FABRIC X (LE CRYPTO FELLOWSHIP) IS TRIALED.

2023

116+ PORTFOLIO COMPANIES & A TEAM OF 25 PEOPLE!

BUILDING THE

OPEN ECONOMY

By seeing the bigger picture.

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