Fabric Ventures

Fabric Ventures is a prominent venture capital firm based in London, United Kingdom, dedicated to investing in and fostering the growth of scalable decentralized networks and Web3 technologies. Established with a clear vision for an open, programmable internet, the firm focuses on backing foundational infrastructure, decentralized finance (DeFi), gaming, and metaverse projects that aim to redefine digital ownership and interaction. Their strategic location in a global financial hub allows them to connect with a diverse range of innovative founders building the next generation of the internet.

The firm employs a hands-on approach, often engaging deeply with their portfolio companies to provide strategic guidance, operational support, and network access. Fabric Ventures typically invests in early-stage companies, ranging from seed to Series A rounds, identifying projects with strong technical teams and ambitious visions for decentralized ecosystems. In 2022, they successfully closed their Fabric Ventures Fund II, raising $125 million to further deploy capital into the burgeoning Web3 space, signaling their continued commitment and belief in the sector's long-term potential.

Fabric Ventures' investment strategy is characterized by their conviction in the transformative power of decentralized technologies. They typically deploy initial cheques ranging from $1 million to $10 million, targeting projects that demonstrate significant potential for disruption and scalability within the decentralized web. Their impressive portfolio includes pioneering projects such as Polkadot, Near Protocol, Sorare, and Sky Mavis (creators of Axie Infinity), showcasing their ability to identify and support leading innovators in the blockchain and Web3 arena. This focused approach has solidified their reputation as a key player in the global decentralized technology investment landscape.