Framework Ventures Closes $400 Million Fourth Fund, Expands Into AI and Robotics on June 26

AAVE-4.83%
LINK-1.34%
HYPE-1.83%

According to Fortune, Framework Ventures closed a $400 million fourth fund, FVIV, on June 26. The fund was oversubscribed and has already deployed roughly 50 percent of its capital, cofounders Michael Anderson and Vance Spencer said.

The new capital will back frontier technology spanning crypto, artificial intelligence, robotics and energy. Framework has already led a $60 million Series A round for robotics startup Mecka AI and backed Daylight, a distributed energy network, signaling the firm is moving beyond its traditional blockchain focus while maintaining crypto positions including Aave, Chainlink and Hyperliquid.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments