Fund vehicle

Fabric Venture Fund 2021

Compiled from public sources

Fabric Ventures Fund 2021 is a venture capital fund managed by Fabric Ventures, targeting early-stage investments in the Web3, blockchain, and decentralised technology sectors. The fund primarily backs founders building the open economy, providing capital to token-driven networks and digital assets. It attracted significant institutional backing, notably being the first Web3 fund backed by the European Investment Fund (EIF). The vehicle launched with an initial target size of $130 million, which it successfully achieved at its first close in July 2021, and subsequently reached a final closed size of $140 million in April 2022.

Manager

Fabric Ventures Group S.a.r.l

Vintage

2021

Strategy

Venture Capital

Target size

$130m

Size

$140m

Status

Closed