Framework Ventures is a venture capital firm that invests in early-stage technology companies and networks, with a history in crypto and blockchain. Its current public materials describe a broader focus that includes artificial intelligence, physical AI and robotics, financial services, and infrastructure. A venture firm’s portfolio is a record of disclosed investments, not a list of recommended tokens or proof that any project will succeed.
Origins and investment approach
Framework’s co-founders are Vance Spencer and Michael Anderson. The firm describes itself as a high-conviction investor that often leads early-stage rounds; its website gives a typical check-size range of $5 million to $50 million. Its earlier crypto work included networks and applications across areas such as DeFi, infrastructure, and developer tooling.
How its strategy has changed
Framework’s team page says its two latest funds, Fund III and Fund IV, closed at $400 million each. It also describes expansion into AI, physical AI and robotics, financial services, and infrastructure. That broader mandate means a current profile should not portray the firm as exclusively a crypto fund, even though digital assets remain part of its publicly described history and portfolio.
Reading the portfolio
The firm’s investment list explicitly combines current and historical investments and is updated periodically. It omits some companies that shut down without a liquidity event or whose equity was written to zero, as well as confidential or unannounced positions. Names such as Chainlink may appear as portfolio examples, but inclusion does not establish that Framework still holds an asset, controls a project, or endorses a purchase. The firm also warns that prior results do not predict future results.
What a venture investment does not show
A funding announcement can show that a company received capital or a fund backed a team; it does not by itself establish product adoption, decentralization, token value, or a successful exit. Readers should distinguish company equity, fund interests, and publicly traded tokens, which can have different rights and risks.
Social Media Sentiment
- Reddit, r/CryptoCurrency (April 19, 2022): A short thread about Framework’s announced $400 million crypto fund, including its reported gaming allocation, had little visible discussion; one reply asked how developers and designers could access the funding. This gives a narrow historical glimpse of interest in the fund’s purpose and access, not a current or broad view of Framework Ventures. Read the discussion.
Last updated: 2026-10
Related Terms
See Also
- What Is Restaking — And Why EigenLayer Made It the Most Debated Idea in DeFi
- Why DAO Governance Votes Often Fall Short — and Why Protocols Still Use Them
- Is Ethereum Staking Making the Network More Centralized?
- ChangeNOW — crypto exchange service
Sources
- Framework Ventures — Describes the firm as an early-stage venture capital investor and outlines its stated investment approach.
- Framework team and strategy — Documents the co-founders, the two most recent fund sizes, and the firm’s expansion into AI, robotics, finance, and infrastructure.
- Framework investment list and disclosures — States that the list includes current and historical disclosed investments, is periodically updated, and does not guarantee results.