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Framework Ventures Raises $400 Million Fund and Broadens Focus to Frontier Technology

The move signals crypto-focused investors are shifting capital into AI, robotics and energy as Framework says it has already deployed about half the new fund.

Overview

  • Framework closed a $400 million fourth fund and said it will invest across “frontier technology,” a term the cofounders use for crypto, artificial intelligence, robotics and energy.
  • Cofounder Michael Anderson told reporters the firm has already committed roughly half of the new capital while the partners declined to name specific limited partners.
  • A Securities and Exchange Commission filing showed Framework had $1.28 billion in assets under management as of December 2025, giving context to the firm’s broader strategy.
  • Framework is promoting non-crypto bets from the new fund, including the robotics data startup Mecka AI and a stake in the mortgage issuer Better.com.
  • The shift mirrors a wider trend among crypto-native VCs that are redirecting capital toward AI and robotics because of weaker crypto prices and rising valuations for AI companies, which could channel more startup funding and talent away from pure crypto projects.