Framework Ventures, one of crypto’s known venture capital firms, has raised a new $400 million investment fund for the fourth time. What makes this fundraising round different is that the fir
Framework Ventures, one of crypto’s known venture capital firms, has raised a new $400 million investment fund for the fourth time. What makes this fundraising round different is that the firm, known for backing some of the biggest blockchain and crypto projects, is now expanding its focus beyond crypto into artificial intelligence, robotics, energy, and fintech.
On 26 June, Framework Ventures announced the launch of its fourth fund, FVIV, which will be managed by co-founders Vance Spencer and Michael Anderson.
Unlike its earlier funds that mainly targeted blockchain infrastructure and DeFi projects, the new fund will invest in companies operating where several fast-growing technologies come together.
The firm believes tomorrow’s biggest startups will combine AI for decision-making, blockchain for payments and capital formation, robotics for automation, and energy technology to support real-world infrastructure.
Framework said:
“Seven years ago, frontier meant blockchain. Today, blockchain is becoming widely adopted, and the boundaries between frontier technologies are dissolving rapidly.”
The company said that its conviction in crypto remains strong despite expanding into AI.
Framework Ventures became one of the earliest investors in major crypto projects, including Chainlink, Synthetix, and Axie Infinity.
More recently, it has built significant positions in Hyperliquid, Plasma, and Sky, showing it is not abandoning digital assets.
The firm is already putting its broader investment strategy into action. It recently led a $60 million funding round for Mecka AI, a physical AI company that already serves several Magnificent Seven technology companies and is projected to generate nearly $100 million in annual revenue.
4/ We're putting this thesis into practice.We recently led a $60M round in Mecka AI, a physical AI company with Mag 7 customers and a projected $100M annual run rate.Our conviction in digital assets continue: major positions in Hyperliquid, Plasma, and Sky.
— Framework Ventures (@hiFramework) June 26, 2026
The new fund matches the size of Framework’s previous $400 million Fund III, launched in 2022. According to its latest SEC filings, the firm managed approximately $1.28 billion in assets by the end of 2025.
The move comes as more investment firms begin looking beyond crypto alone. While investors poured over $25 billion into crypto startups in 2025, up 73% from the previous year, the number of deals dropped sharply to around 1,200, showing that firms are becoming far more selective.
Instead of choosing between crypto and AI, Framework believes the next generation of billion-dollar companies will combine both technologies.
