Fabric Ventures and Wintermute Combine Accelerators to Back 8 Solana Founders With $300K Each

Fabric Ventures and Wintermute have merged their separate accelerator programs into a single cohort for the first time, pairing Fabric's Rsidency initiative with Wintermute's Construct program to back eight Solana-focused founding teams with $300,000 each.

The joint Rsidency x Construct cohort targets builders working on what the organizers call the "Machine Economy," which they define as the intersection of crypto, fintech, AI, robotics, and quantum computing. Applications opened June 10 and run through September 15, 2026, with the 12-week program starting in October. Total capital committed across the eight-team cohort reaches $2.4 million, per the program page, with follow-on funding of up to $1 million available per team.

$300K Per Team, Equity Investment, In-Person Across London and NYC

Each selected team receives $300,000 in exchange for an agreed equity stake and future token allocation. This is an investment, not a grant. The program is fully in-person, beginning in London before transitioning to New York City for an investor roadshow and Demo Day. Teams also receive more than $100,000 in credits and partner perks from the program's network.

Weekly one-on-one sessions with operators and venture investors cover product, go-to-market, and fundraising. Coinbase cbBTC$79,988.07-2.0% provides ongoing support alongside Solana as the named core ecosystem partner, both joining Wintermute and Fabric Ventures as program backers.

Support continues after Demo Day. Wintermute has committed to warm introductions to leading investors, potential follow-on investment, and ongoing access to its broader network.

How the Joint Cohort Compares to Wintermute's First Construct Program

Wintermute ran the first Construct cohort solo, starting in July 2025. Per the original Construct announcement, that program offered $200,000 per team, selected three to five teams, and ran for ten weeks with a single Demo Day in London. The joint format with Fabric Ventures increases the per-team investment, expands the cohort size, extends the program by two weeks, and adds a second Demo Day city.

The first cohort's Solana-native alumni included RPS AI, which builds onchain asset management and liquidity infrastructure on Solana, and Showdown, a skill-based gaming and wagering application on Solana. Other cohort graduates included Canary (RWA oracle and bridge infrastructure), Caliber (non-custodial neobrokerage), and Tradevu (onchain trade finance for emerging-market SMEs).

Fabric Ventures' Rsidency Thesis Meets Wintermute's Operator Track Record

Fabric Ventures has operated the Rsidency program since roughly 2013, positioning it as a long-running European web3 accelerator with a Machine Economy thesis. Combining it with Wintermute's Construct brings a different kind of credibility: Wintermute is one of the most active trading firms and liquidity providers in crypto, having incubated Armitage, Bebop, Wildcat, and GMCI while backing more than 100 early-stage teams through Wintermute Ventures.

The program's acceptance rate sits at approximately 1%, with more than 800 applications received for eight spots in past cohorts, according to Crypto Briefing. The program page describes the selection bar as favoring "mindset, energy, and deep conviction over the current stage of your idea."

The Solana designation as core ecosystem partner reflects the continued expansion of Solana's builder support infrastructure across multiple continents. European-based acceleration programs focused specifically on Solana remain rare despite the network's growing developer presence in the region.

Applications are submitted via the program's Tally form at wintermute.com/construct.

The Rsidency x Construct program is an investment vehicle. Each team accepted to the program receives capital in exchange for equity and a token allocation. This article does not constitute investment advice.