Framework Ventures Raises $400 Million Fourth Fund to Invest in Crypto, AI, Robotics, and Energy
Summary
Framework Ventures has raised $400 million for its fourth fund (FVIV), which was oversubscribed and has already deployed about half its capital. The venture firm, founded in 2019, is expanding beyond blockchain to invest in frontier technology spanning crypto, artificial intelligence, robotics, and energy. Cofounders Michael Anderson and Vance Spencer frame this as following where founders in their network are heading rather than abandoning crypto. Limited partners include funds of funds, an Ivy League endowment, sovereign wealth funds, and nonprofits. The firm recently led Mecka AI's $60 million Series A in June.
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bskyFramework Ventures Raises $400 Million Fourth Fund to Invest in Crypto, AI, Robotics, and Energybriefly.coKey quotes
· 1 pulledThe expansion is framed as following where founders in their network are heading rather than abandoning blockchain.
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