Framework Ventures Raises $400M for Frontier-Tech Focused Fund

Framework Ventures has raised $400 million for its fourth fund, FVIV, which is already half deployed. The firm's cofounders, Vance Spencer and Michael Anderson, are expanding their investment focus to include artificial intelligence, robotics, and energy beyond digital assets.

The new capital will back what they call 'frontier technology,' a term that encompasses crypto alongside AI, robotics, and energy. Framework has already begun investing in these areas, leading a $60 million Series A round for robotics data startup Mecka AI in June.

The firm's existing crypto positions include lending protocol Aave, oracle network Chainlink, perpetuals platform Hyperliquid, Jito Labs, and stablecoin project Plasma, among others. Framework will continue to invest in these areas alongside its newer frontier-tech bets.