The Fab Fund was created in 2007 to provide access to risk-based capital by the emerging Fab Lab community. The capital for the current fund was provided by a small group of angel investors that believe in the promise of personal fabrication toward empowerment, expression, education and enterprise. The Fab Fund is the first double-bottom line initiative of the Fab Company.
The Fab Fund is led by Michael Angst, a New York based private equity investor with experience in small enterprise development and networks of highly-distributed locally-owned businesses.
Current Fund principals include John Boeck, an operating executive with significant start-up experience and management experience across several tech-enabled service industries, and David Macfarlane, a technology executive who has worked successfully on both the operating side and investment side of start-ups. John and David will both evaluate investment opportunities and assist portfolio companies post-investment.
The Fab Fund has also enlisted a network of advisors with diversified experience in consumer marketing, media, design, manufacturing, and open-source software. These advisors will participate in the review of investment proposals as well as provide targeted advice to portfolio companies post-investment.
The administrative office of the Fab Fund is in New York City, but our participants operate from around the world. We are avid users of video conferencing!
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