Framework Ventures has raised a $400 million fourth fund to continue investing in stablecoins, tokenization, and digital assets, while also expanding into AI, robotics, energy, and fintech.
The fund, FVIV, was oversubscribed, with significant support from returning investors, the firm said in a statement shared with The Block on Friday. Framework did not disclose its LPs, describing them as a "predominantly institutional base anchored by an Ivy League endowment, nonprofits, sovereign wealth funds, and funds of funds." Fortune first reported the news.
Framework said the fund will deploy capital across private and liquid opportunities, including early-stage companies, liquid digital assets, and select publicly traded securities. FVIV targets companies from pre-seed through Series A, with investments ranging from $1 million up to $50 million, according to the firm.
"We founded Framework Ventures seven years ago as a frontier fund. Back then, that meant focusing on blockchain, because it was the single most contrarian bet in technology," Framework Ventures co-founder Michael Anderson said in the statement. "Today, blockchain is integral to capital formation and infrastructure across multiple industries, and as a result, we've expanded our focus and expertise to additional verticals, such as AI, robotics, energy, fintech, and more."
