Fabric Ventures Closes $140 Million Venture Fund with Participation from Polkadot and Others

Web3 venture contributor Fabric Ventures has announced the final close of a $140m Venture Fund with participation from Polkadot, Zerion, Eventbrite and others. They are simultaneously announcing their first close of a new Growth Fund, targeting a final fund size of an additional $100 million. Fabric Growth provides capital to support innovative web3 founders in their expansion and scaling.