Crypto-focused venture capital firm Framework Ventures closed its fourth fund with $400 million. The San Francisco-based investor plans to focus on areas such as artificial intelligence, robotics and energy, as well as crypto assets, in the new fund.
Investment strategy is expanding
According to Fortune’s news on Friday, the company will invest this fund in areas it defines as “frontier technology”. The news included the statements of Framework co-founders Vance Spencer and Michael Anderson. According to the duo, approximately half of the capital has already been used, but the identities of the fund’s limited partners were not shared.
Michael Anderson stated that the company does not just follow the artificial intelligence wave, they monitor in which areas the existing network of founders is developing products and determine their direction accordingly.
This move reflects the trend of crypto venture capital firms expanding into new technologies other than blockchain. Despite this, the companies in question continue to continue their crypto investments.
Mini dictionary: Frontier technology refers to areas that are still in their early stages but have the potential to have a large impact in the future. Artificial intelligence, robotics, energy systems and digital asset infrastructures may be included in this scope.
Framework participated in the $60 million investment round of robotic data startup Mecka AI in early June. The company also partnered with mortgage lender Better in February, aiming to provide up to $500 million in financing through the Sky stablecoin ecosystem. According to Fortune, Framework also made an investment of $45 million, corresponding to an approximately 10 percent share in Better.
Featured crypto projects in its portfolio
Framework Ventures was founded in 2019, launching its first crypto fund. The company has grown by focusing on early-stage decentralized finance projects. Decentralized finance includes financial applications that run on blockchain without the need for traditional intermediaries.
The company states that it invests across different market cycles and keeps its focus on founders who develop infrastructure and products for emerging digital asset markets.
The company’s portfolio includes Aave, Chainlink, hyperliquidThere are well-known projects in the crypto ecosystem such as , Jito Labs and Plasma. This chart indicates that Framework adopts an investment approach that spans a broader digital asset infrastructure, not just a single sub-segment.
| Fund | Year | Amount | Focus |
|---|---|---|---|
| second fund | 2021 | 100 million dollars | Mainly crypto |
| third fund | 2022 | $400 million | Mainly crypto |
| fourth fund | Current | $400 million | Crypto, artificial intelligence, robotics, energy |
Framework previously raised its second fund of $100 million in 2021 and its third fund of $400 million in 2022. Both funds were largely focused on crypto investments. The latest fund shows that the company is expanding its investment framework into broader technology areas.
Cointelegraph reached out to Framework for details about the new fund, but did not receive a response from the company at the time of publication.
