Framework Ventures Pivots to AI and Robotics with $400 Million Fund

Co-founders Vance Spencer and Michael Anderson confirmed that approximately half of the new capital is already deployed. The fund draws backing from a diverse group of limited partners, including sovereign wealth funds, nonprofit organizations, and at least one Ivy League endowment. This expansion follows a broader industry trend where established crypto investors, such as Paradigm and Haun Ventures, are increasingly integrating AI infrastructure into their investment theses.

Anderson noted that the shift reflects the evolving ambitions of entrepreneurs within the firm's existing network rather than a reactionary chase for AI trends. Framework, which managed $1.28 billion in assets as of December 2025, previously focused heavily on decentralized finance, counting Aave and Chainlink among its early successes. The firm’s current portfolio now includes more diverse bets, such as the robotics data startup Mecka AI and the mortgage platform Better.com. As the venture landscape shifts, this move mirrors moves by companies like BitGo and Story Protocol, both of which are currently realigning their core operations to intersect with AI-powered systems.