Fabric Ventures

What Fabric Ventures does

Fabric Ventures is a thesis-driven venture capital firm founded in 2012 by Richard Muirhead and headquartered in Luxembourg, with additional offices in London and Dubai. The firm invests from pre-seed to growth stage in companies building the "Machine Economy" — the convergence of specialized accelerated compute, large language models, and programmable blockchain networks — with a portfolio of 196 companies spanning Robotics, AI, Fintech, Distributed Computing, and Web3, including 15 unicorns. Its core offerings are direct equity and token investments into Web3/crypto and AI founders, complemented by the R[3]sidency accelerator program (now operated jointly with Wintermute as R[3]sidency x Construct), a portfolio talent platform connecting candidates with portfolio companies, and thesis publications covering Web3, AI, stablecoins, and on-chain payments.

The firm's underlying "platform" is its investment thesis and accelerator pipeline rather than a traditional software product: deal flow is sourced through accelerator cohorts (R[3]sidency x Construct's 12-week London program provides $300K initial funding plus $100K in ecosystem perks, followed by a New York demo day and investor roadshow, with applications closing September 15, 2026), direct outreach, and ecosystem partnerships with Wintermute, Solana Foundation, Coinbase, and Superteam UK. The investment team includes Managing Partner Richard Muirhead (serial entrepreneur and NEAR Foundation Council member), General Partner Anil Hansjee (former Head of PayPal Ventures and Head of Corporate Development at Google, joined 2021), and Venture Analyst Lata Persson (Cambridge Economics, joined 2020). Fabric Ventures LLP is FCA-regulated as an appointed representative of G10 Capital Limited, with the Luxembourg entity Fabric Ventures Fund Management S.à r.l. as the primary fund management vehicle and Fabric Digital Ventures FZCO operating from Dubai.

Revenue is generated through conventional venture fund economics: management fees on committed/invested capital plus carried interest on exits, with LPs comprising institutional investors, Web3 founders, and high-net-worth individuals. Customer-facing counterparties are portfolio companies and LPs; the firm does not sell a software product, charge licensing fees, or generate royalty income in the conventional sense, despite a token in the dataset marked "licensing_royalties." Notable recent investments include Kulipa ($6.2M seed, 2026), Rialo/Subzero Labs ($20M seed, 2025), OceanPal/SovereignAI ($120M PIPE, 2025), idOS ($4.5M consortium led by Fabric, 2025), and Loot Labs ($6M seed, 2024). No public financials, AUM, or revenue figures are disclosed.

Name

Fabric Ventures

Legal name

Fabric Ventures Fund Management S.à r.l.

Website

https://fabric.vc

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Fabric Ventures is a thesis-driven venture capital firm founded in 2012, headquartered in Luxembourg, that invests from pre-seed to growth in Web3, AI, and frontier technology companies building the Machine Economy, and operates the R[3]sidency accelerator with Wintermute.

Ownership category

akta.pro rank

Product category

Venture Capital

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital
• Web3 investments
• Machine economy
• Crypto infrastructure
• Decentralized networks

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Returns: Returns generated from equity and token investments in portfolio companies across pre-seed to growth stages. LP base comprises institutional investors, web3 founders and HNWs.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Fabric Ventures is a thesis-driven venture capital firm that invests equity and tokens in Web3, AI, and Machine Economy companies from pre-seed to growth stage. The firm manages capital from institutional investors, web3 founders, and high-net-worth individuals, and operates the R[3]sidency accelerator program for early-stage founders in AI, Fintech, Crypto, Robotics, and Quantum.

Product overview

Fabric Ventures is a thesis-driven venture capital firm that backs companies from inception (pre-seed to growth) since 2012, focused on the Machine Economy, Web3, AI, and related sectors. Their primary offerings include R[3]sidency, an accelerator program for Machine Economy founders (now in partnership with Wintermute as R[3]sidency x Construct), investment thesis publications covering Web3 and AI trends, and a portfolio talent platform connecting job seekers with their 120+ portfolio companies. The firm operates across NYC, London, Luxembourg, and Dubai, with LPs including institutional investors, web3 founders, and high-net-worth individuals.

Differentiator

Problem solved

Functional benefit

Brands

• R[3]sidency: Accelerator program for founders building the frontier tech of the machine economy, including AI, Fintech, Crypto, Robotics and Quantum. Run in partnership with Wintermute.

Products and services

• R[3]sidency x Construct Accelerator A twelve-week accelerator program for founders building in the Machine Economy (AI, Fintech, Crypto, Robotics, and Quantum). Provides initial funding, mentorship from operators, ecosystem perks, co-working space in London, and a demo day with an investor roadshow in New York.
• Venture Capital Investment Services Thesis-driven venture capital fund backing companies from inception (pre-seed to growth) across Web3, AI, Machine Economy, Stablecoins, and On-chain Payments. LPs include institutional investors, web3 founders, and high-net-worth individuals.
• Portfolio Talent Platform

Quantifiable outcome

• 15 unicorns in portfolio
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Wintermute (Construct)coreStrategic or Co-development Partner · 10 June 2026Joint accelerator program R[3]sidency x Construct, run by Fabric Ventures and Wintermute. 12-week cohort from October-December 2026 in London with $300K investment per team. Wintermute is an algorithmic trading firm with over $3.5 trillion in annual trading volume.
• Solana FoundationcoreStrategic or Co-development Partner · 10 June 2026Core ecosystem partner for R[3]sidency x Construct accelerator. Solana is a high-performance network powering internet capital markets, payments, AI agents, and crypto applications.
• CoinbasecoreStrategic or Co-development Partner · 10 June 2026Continued support partner for R[3]sidency accelerator. Coinbase emerged from YC accelerator and is a multi-billion dollar company backing the next generation of builders. Supported R[3]sidency since first cohort.
• Superteam UKcoreStrategic or Co-development Partner · 10 June 2026Core ecosystem partner for R[3]sidency x Construct. Global co-operative with regional non-profit organisations across 25+ countries focused on supporting founders and talent building at the frontier of tech.
• NEAR FoundationminorStrategic or Co-development Partner · 28 October 2025$120M PIPE investment for SovereignAI project announced in partnership with NEAR Foundation to develop blockchain-based AI infrastructure platform leveraging NEAR Protocol.
• idOS Consortium PartnersminorStrategic or Co-development Partner · 28 July 2025$4.5M consortium funding round led by Fabric Ventures with participation from Arbitrum Foundation, Circle Ventures, Ripple, NEAR Foundation, Gnosis, Aleph Zero Foundation, Radix, and Tezos Foundation. Most consortium members signed commercial deals to integrate idOS as decentralized identity layer.
• Animoca BrandsminorStrategic or Co-development Partner · 28 April 2025UK Web3 accelerator announced April 28, 2025 alongside Fabric Ventures, Coinbase, and Founders Factory.
• Founders FactoryminorStrategic or Co-development Partner · 28 April 2025UK Web3 accelerator announced April 28, 2025 alongside Fabric Ventures, Animoca Brands, and Coinbase.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Andreessen Horowitz (a16z Crypto): Crypto-native venture fund investing across the full Web3 stack from seed to growth. Directly comparable to Fabric as a thesis-led investor in protocols and crypto infrastructure.
• Paradigm: Crypto-focused investment firm backing early-stage networks and DeFi protocols. Closely comparable to Fabric's pre-seed-to-growth approach in Web3 infrastructure.
• Pantera Capital: One of the longest-running crypto/blockchain-focused funds, investing across venture, liquid tokens, and early-stage. Comparable to Fabric's longevity and Web3 thesis focus.
• 1kx: Multi-stage crypto venture fund co-leading rounds in Web3 infrastructure (e.g., Kulipa seed with Fabric participation). Directly overlapping investment scope with Fabric.
• Variant Fund: Thesis-driven crypto VC investing in early-stage networks, DAOs, and tokenized economies. Shares Fabric's thesis-led, founder-centric Web3 investment style.
• Multicoin Capital: Crypto-native fund investing across tokens and equity in Web3 protocols. Comparable to Fabric on crypto-native thesis and infrastructure investing.
• Coinbase Ventures: Strategic venture arm of Coinbase investing across early-stage crypto. Both partners in R[3]sidency and frequent co-investors, making Coinbase Ventures a directly comparable peer.
• Dragonfly Capital: Global crypto-native VC with multi-stage strategy across DeFi, infrastructure, and consumer. Comparable in stage range and Web3 infrastructure focus.
• Polychain Capital: Crypto-native investment firm backing early-stage blockchain protocols and tokens. Comparable as a thesis-driven, Web3-first venture investor.

Emerging players

• Animoca Brands: Web3 investor and operator (gaming, metaverse, open metaverse). Co-launching UK Web3 accelerator with Fabric; partial overlap as investor but broader operator role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/fabric_vc
• YouTubeyoutube.com/@Fabric_vc
• LinkedInlinkedin.com/company/fabricventures

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments123 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fabric Ventures