About
Helping founders build the enduring, essential user-owned networks of the open economy from the earliest stages in their journey.
Who we are
Our team has a deep technical understanding of the Open Web, the convergence of distributed computing, Web3, and AI. For over a decade, we have been contributing to the creation of a fairer, more productive, and sustainable Open Economy.
FABRIC DNA
The name "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.
Richard Muirhead
RICHARD, STEVEN AND CHRISTINA ARE AT CAMBRIDGE UNIVERSITY.
Richard Muirhead
RICHARD CO-FOUNDS ORCHESTREAM WITH ‘7’ AS A STRATEGIC ADVISOR.
Richard Muirhead
Anil Hansjee
Richard meets Anil pitchingto float Orchestream onthe LSE.
Richard Muirhead
AS EIR AT ACCEL, RICHARD FOUNDS TIDEWAY (ACQUIRED BY BMC SOFTWARE IN 2009).
Richard Muirhead
Alain Falys
RICHARD STARTS BUILDING AND BACKING WITH FIRESTARTR MONIKER.
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.
CHRISTINA FRANKOPAN
COLLABORATION WITH PANTERANON & INVESTMENTS IN BITCOIN, CIRCLE AND BITSTAMP.CHRISTINA FRANKOPAN STARTS COLLABORATINGWITH FABRIC STUDIOS.
Richard Muirhead
Anastasiya Belyaeva
AXEL WHER AND ANASTASIYA JOIN
Max Mersch
Richard Muirhead
Anastasiya Belyaeva
JULIEN THEVENARD
MAX JOINS. INVESTMENTS IN ETHEREUM AND MKR.
OPENWEB BECOMES FOCUS. THESIS DRAFTED SPRING 2017.
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.
INVESTMENTS INTO NEAR, CENTRIFUGE & STAKED.
INVESTMENTS INTO SORARE, NANSEN, THE GRAPH,1INCH & HASHFLOW.
Anil Hansjee
FV II RAISED €125M; ANIL JOINS FULL-TIME; ‘7’ JOINS.
FIRST COHORT OF FABRIC X (LE CRYPTO FELLOWSHIP) IS TRIALED.
116+ PORTFOLIO COMPANIES & A TEAM OF 25 PEOPLE!
BUILDING THE
OPEN ECONOMY
By seeing the bigger picture.