Fabric Protocol did not emerge in a vacuum. It was developed by the non-profit organization Fabric Foundation in collaboration with the smart machine infrastructure company OpenMind. The founding team of OpenMind has a distinguished academic and industrial background: Stanford University professor Jan Liphardt (current CEO) and Chen Boyuan (current CTO), who previously worked at MIT CSAIL and Google DeepMind, are jointly at the helm.

As early as August 2025, OpenMind completed approximately $20 million in financing led by Pantera Capital, with a lineup of investors that can be described as luxurious, including Coinbase Ventures, Digital Currency Group, Ribbit Capital, Sequoia China (Hongshan), and Amber Group, among other leading crypto and fintech institutions. Although the funds were directed to OpenMind, the endorsement from these top-tier capitals undoubtedly provides ample ammunition and credibility support for the underlying technology development of Fabric Protocol.

Deconstructing the "robot network": a complete protocol layer from identity to economy

In the concept-laden realm of Web3, Fabric Protocol attempts to address a specific and hardcore problem: how to establish identity, enforce rules, and complete value distribution when robots, AI agents, and IoT devices need to autonomously collaborate in a trustless environment? @Fabric Foundation #robo $ROBO