Framework Ventures raised $400mn for its fourth fund, expanding beyond crypto into AI, robotics, energy and other frontier technologies, Fortune reported.
Framework Ventures Raises $400mn for Tech Fund Beyond Crypto: Fortune
26 June 2026 - 16:49 CEST
By Matt Neill
The San Francisco-based venture firm said it plans to keep investing in digital assets while following founders into adjacent sectors, the report said. Investors include funds of funds, an Ivy League endowment, sovereign wealth funds and nonprofits.
Framework made its name as an early backer of decentralized finance (DeFi) protocols including Aave and Chainlink (LINK). It raised $100mn for its second fund in 2021 and $400mn for its third fund in 2022, when crypto venture funding was far broader.
The new fund comes after Bitcoin fell to a 21-month low, and a prolonged funding drought has forced DeFi investors to expand their focus. Framework's broader mandate reflects that shift, with crypto-native firms looking beyond token cycles as AI and other frontier technology sectors draw more venture capital.
