Thesis Origins — Fabric Ventures Fabric’s DNA derives from the dawn of the Internet and the Web (or Web1). The team originally studied computer science, engineering, and machine learning at …

2025 Thesis

Since we announced the R3sidency accelerator with Coinbase/Base, Animoca, and Founders Factory, a common question has been: what sectors are we most excited about backing right now?

The Triple Forces Driving On-Chain B2B Vendor Payments: Stablecoins, AI and Contextual Data Whilst not ignoring the euphoria around stablecoins for P2P, democratising USD access and yield within the …

Stablecoins: Now the Web2 Fintech Giants and Banks Are Paying Attention Inspired by Jack Zhang’s LinkedIn posts on stablecoins and observations from Money 20/20 Amsterdam Jack Zhang of Airwallex …

When Eleni Steinman and Shane van Coller saw their users manually clicking to pay crypto invoices every month, like writing digital checks, they knew something was broken. Web3 promised speed, scale, and seamlessness, but the user experience told a different story...

The future of blockchain infrastructure A transformational technological advancement Why are we still funding blockchain infrastructure in crypto? The Bitcoin whitepaper, with proof of work as the …

Decentralised protocols are transforming finance and computing by enabling trustless, autonomous coordination at scale. Unlike traditional platforms that rely on intermediaries, they enforce rules transparently through smart contracts, ensuring security, composability, and censorship resistance.

A little over a year ago Fabric invested in Frodobots Lab to support their ambitious mission of enabling embodied AGI. This entailed 3 large bets. needed to overcome core constraints.

Stablecoins Value Chain Stablecoins and blockchain payments didn’t emerge overnight. They’re the product of an evolutionary journey. Since the 2008/9 financial crisis, we’ve been addressing …

Delightful Social Experiences - powered by Tapestry Fabric Ventures co-leads Primitive’s $5m round with Union Square Ventures (USV) with participation from Stellation Capital, Slow, and Foresight …

Lens Protocol — Why we invested Intro We’re thrilled to be backing the Lens team alongside Faction and others in their strategic $31m raise on their journey to build the fastest, cheapest and …

The new Argent/Kulipa debit card is a harbinger of change As an investor, it’s always exciting to see portfolio companies collaborating. Such partnerships are a win-win-win, addressing one of the …

The hidden truth about EMTs — Why we invested in Quantoz Payments There’s a surge of interest in 100% fiat-backed stablecoins, especially after deals like Stripe/Bridge. These digital currencies …

How to please all the people all of the time: Nuff is ‘Enough’ As the range of decentralised applications has expanded, it has become increasingly apparent that the “one-size-fits-all” …

Blockchain Payments: Beyond the Hype Every great disruption has its roots in fundamental pain points. For those operators and investors in fintech and blockchain, we have been talking about these …

Why we invested in Resonance Security: A path towards complete, community-driven cybersecurity on-chain Cyberattacks in web3 continue to increase in volume and sophistication at an exponential scale …

Fabric Ventures co-leads CVEX’ seed round Exchanges have been among the most successful ventures in crypto, but it’s worth remembering this industry started from a key innovation enabling people …

Game Over for Game Over Forget your forever home, this is the forever game and you will love it. Summary At $200bn-$300bn annual revenue¹, Gaming is bigger than the Music and Film industries …

Openness AI and Web3 History The convergence of open-source principles, artificial intelligence, and Web3 has ignited a transformative shift in the technological landscape. This confluence is …

Crypto asset management in an age of utility Why we invested in Narval 🐋 Fabric is thrilled to have invested in Narval’s pre-seed and seed rounds alongside Blocktower, a16z crypto, Frst, Cherry …

The Future of Loyalty: How Blockchain is Transforming Customer Engagement Introduction In a time when much of crypto has been focused on building new infrastructure and developer tooling, Web3 …

Collectively Owned Content History As technology develops, the platforms we use to access content shape the way we consume it and their business models: Subsequently, when a new technology emerges …

Proof of Behaviour and rewards money can’t buy Fabric is thrilled to co-lead CUB3’s $6.5m Series A alongside BITKRAFT, with participation from Geometry, Sfermion, Red Beard Ventures, CMT, and …

Supercharging Creative Contribution Why we invested in Strider Fabric Ventures is thrilled to co-lead a $5.5m Seed round alongside Makers Fund, with participation from Shima, Sfermion, joining …

Marketing Reimagined for Web3 Why we invested in Addressable.io Fabric Ventures is thrilled to be co-leading Addressable’s $7.5 million seed funding round with Viola Ventures, with participation …

From Open Web to Open Economy. Fabric Ventures 2021 Thesis Introduction The Internet has become too pervasive and interwoven with the very fabric of our lives for there to be any risk of corruption …

Minteo: buy, collect and trade the hottest NFTs in Latin America Fabric Ventures is thrilled to join a $4.3 million seed round in Minteo alongside Dune VC, CMT Digital, OpenSea Ventures and other …

Enabling on chain business with Nilos Over the past few years we’ve seen spectacular growth in the use of smart contracts and NFT’s to conduct business, sell goods & services and provide users & …

EtherMail: Reimagining Email for Web3 Emails are a fundamental part of our daily lives, but the underlying infrastructure is no longer fit for purpose in today’s privacy-centric landscape; as we …

Flowdesk: Market Making as a Service Why we invested in Flowdesk It is well understood that Web3 revolutionised ownership with tokens that are freely transferable and which represent shared ownership …

Why we invested in Moralis Fabric Ventures is thrilled to be investing in a Series A round in Moralis alongside Coinbase, EQT, and other investors. Providing tools to improve the developer experience …

Why we Invested in Argent Fabric Ventures is thrilled to lead a $40m Series B round in Argent, alongside Metaplanet, with participation including strategic investors such as Starkware, Jump & …

ETH Denver 2022 Team Recap by Thomas Crow, Investment Team Last month, a few members of the Fabric team ventured out of London to check out the crypto scene at ETHDenver. Here were 7 of our takeaways …

Why we Invested in the Petaverse Network Fabric Ventures is thrilled to lead a $7m round in Petaverse Network, with participation including CMT Digital, Animoca, Sfermion, Dapper Labs, Spin Master …

Upcoming trends in DeFi No crystal ball can tell us exactly what the Future of France will look like, and that is what makes DeFi so fascinating. This article will briefly review where DeFi has been …

Why we Invested in RSS3 $6 million to index and connect all our cyber existence in the era of Web 3.0 Fabric Ventures is thrilled to back RSS3 as part of their $6 million seed funding round led by …

Why we Invested in BAYZ $4 million to create broader economic opportunity and social impact for gaming communities. Fabric Ventures is thrilled to back BAYZ as part of their $4 million seed round …

Hyperthreading Web3 Adoption in 2021 Let’s take a stab at wrapping up 2021, as Fabric Ventures continues its mission to help founders weave the fabric of the Open Economy. At Fabric Ventures, we …

In Search of a Decentralised Steam By Ian Emerson, Investment Team. There are many ways to skin a cat, and there are many ways to view the web3 gaming stack. Having spoken to 10s of founders, thought …

BlackPool — $6m to deploy into the Metaverse Fabric Ventures is thrilled to double down in backing and continuing to build BlackPool into the largest financial actor within the metaverse and gaming …

Come Build The Open Economy Introducing Fabric X, our contribution to help weave Entrepreneurial Talent into the Open Web… We’re happy to announce our commitment of 20€ million together with …

Why we Invested in Unstoppable Finance Fabric Ventures backs Unstoppable Finance on their mission to build a simple and intuitive access layer, in order to democratise access to DeFi irrespective of …

Concept Art House: $25M to create NFT Art Fabric Ventures joins a syndicate of investment and strategic partnerships in funding Concept Art House’s Crypto Art House division. NFTs (Non Fungible …

Sky Mavis: $152M Series B for Axie Infinity Creator Fabric Ventures is doubling down on our portfolio company Axie Infinity (Sky Mavis) by joining a $152M Series B led by Andreessen Horowitz with …

Fabric Ventures at Money20/20 Europe: Where Open Banking and Crypto became Mainstream and also met Regulation For those not familiar with Money20/20: As they like to promote on their website …

Angle Labs: $5m Seed Round for Capital Efficient Stability Fabric Ventures is joining Andreessen Horowitz in backing the team behind Angle Labs in a $5m seed round alongside Wintermute, Divergence …

Sorare: $680m Series B 🚀 Fabric Ventures is thrilled to triple down in backing the Sorare team again in their latest $680m Series B alongside Softbank with participation from Atomico, Bessemer …

Immutable — $82M Series B to bring Ethereum L2 NFTs to the world At the market level, NFTs are emerging as a new asset class and mainstream intrigue has well and truly arrived. Currently, interest …

Team Spotlight: Solenne Niedercorn-Desouches, Executive Director at Fabric Ventures At Fabric Ventures we want to go the distance for potential founders, and perhaps the best person to exemplify this …

Team Spotlight: Alain Falys, Venture Partner at Fabric Ventures At Fabric Ventures, our team all bring diverse experiences to the fund, in order to ensure the best working environment for founders …

Superfluid — $9M To Build Real-Time Finance Fabric Ventures is an investment firm that has spent the last 5 years in the emerging Web3.0 space and as such the extended family which we have built …

Blockpit — $10m for crypto tax and compliance We’re excited about Fabric Ventures’ new investment in Blockpit GmbH, the crypto tax and compliance specialist. In many ways this company signals …

Fabric Announces $130m Fund Building on Open Web thesis of Fund 2017, Fabric announces $130 million Venture Fund to back the founders of the Open Economy Fabric Ventures’ existing 2017 fund of …

Team Spotlight: Anil Hansjee, New General Partner at Fabric Ventures, Former PayPal Ventures At Fabric Ventures, we are always excited to innovate at the juncture between traditional financial …

I Want My NFT ! Fanatical human connections through fantastical technology Openview The power of the creator classes and the fervour of fans continues unabated and although the web has democratised …

Sorare — $50m Series A for Football NFTs Fabric Ventures is thrilled to double down in backing the Sorare team again in their latest $50M Series A alongside Benchmark, Accel, Antoine Griezmann …

Sorare: Scarce digital assets powering a football fantasy league Backing Ethereum’s largest non-fungible token issuer Fabric Ventures is excited to back the Sorare team in their latest $4M round …

Tokenised ownership is the best coordination tool since equity Give someone a dollar, and they will help you for a day. Give them tokenised ownership, and they will be on your side for a …

Give Startups the Runway to Save Us Government funds will save jobs, preserve innovation and deliver returns I have spent more than 25 years hell-bent on building and then backing globally ambitious …

Messari: Reliable information for the tokenized world Fabric Ventures is excited to back the Messari team in their latest $4M round — official announcement by Messari. Folks forget the legal …

What Is Web 3.0 & Why It Matters Written by Max Mersch and Richard Muirhead What technology benefits more than 3 Billion people for 80% of their waking hours every single day? Web 2.0. Web 2.0 …

Orchid Launches Privacy Network ‘With Great Responsibility Comes Great Power’ The Orchid Privacy Network will be launched this week. As an overlay to the Ethereum blockchain it restores natural …

Centrifuge is opening the floodgates to Supply Chain Financing Fabric Ventures is excited to back the Centrifuge team in their latest $3.7M round — official announcement by Centrifuge. When we talk …

An Overview of Relevant Metrics in Web 3.0 A high level overview of the Metrics we are tracking in Web 3.0 Networks from Bitcoin & Ethereum to MakerDAO and Beyond. Following up on our post on what …

Which New Business Models Will Be Unleashed By Web 3.0? Taking context from the history of business models native to Web 2.0 and to Web 3.0 Written in collaboration with Richard Muirhead, Anastasiya …

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Will successful dApps compromise their host? Part 1: Proof-of-Work In this article, we will focus on two hosts for distributed applications: Proof-of-Work Ethereum and Bitcoin. After defining …

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Events in the Fabric community Welcome back from what was (hopefully) a fun summer! With a whole series of events planned for the next few months across Europe and globally, we’ve decided to make …

An (Entrepreneurial) Investor’s Take on the Utility of Tokens beyond Payment Evaluating Long-Term, Non-Speculative Value Co-written with Richard Muirhead, in collaboration with Anastasiya Belyaeva …

Gathering Decentralised Networks Technologists at CogX 2018 We are honoured to join our friends Charlie Muirhead and tabitha goldstaub at CogX — their annual Festival of AI, Blockchain, and …

The Blooming of the Sovereign Individual The instant we are born, we are unwittingly ‘communicating’ but also inherently under observation. Initially under the loving eyes of our parents, swiftly …

We messed up [Firestartr, OpenOcean hosted the 4th Spark Series, a debate on crypto-economics, at UBS in central London. You can listen to the podcast from the event here.] We messed up when we built …

Consensus 2017: Upgrading (near) monopolies with token gestures For almost 10 years the chatter has been ‘you promised me flying cars and you gave me 140 characters’. Suddenly this shifted to …

The Rise of the Token Sale Richard introduced the compilation of posts aiming to outline our thesis about a decentralised future. Attempting to reflect Deleuze & Guattari’s postulate about the …

The Ocean of Trust “They’re like, ‘Oh my god, this is it. This is the big breakthrough,’” said Marc Andreessen, the co-creator of the first commercial Web browser, Netscape, and a big …