Framework Ventures completed the fourth fund-raising exercise, which was worth $400 million, and expanded its investment from projects related to encrypted assets to artificial intelligence, robotics and energy technology. The agency indicated that the new fund would be invested in the “frontier technology” area it defined and that approximately half of the funds were currently being allocated.
About half the money has been invested.
Fortune reported that Vance Spencer and Michael Anderson, co-founders of Framework, indicated that the fund was funded by sovereign wealth funds, parent funds, the Ivy University Endowment Fund and non-profit institutions, but did not disclose a specific list.
The United States Securities and Exchange Commission document shows that, as of December 2025, the size of Framework management assets was $1.28 billion. Following the launch of the new fund, the investment chart of the institution continued to extend from a single encrypted track to a wider field of science and technology.
- New fund size: $400 million
- Completed: about half of the funding
- Managed assets at the end of 2025: $128.0 billion
Extend DeFi investors to AI
Framework was founded in 2019, with the early focus on de-centre finance as its central orientation, and invested in Aave and Chainlink. Since then, the Agency raised a second $100 million fund in 2021 and another $400 million in 2022 in focused encryption.
Anderson stated that this expansion was not simply a follow-up to the recent AI funding boom, but rather was due to the fact that project teams in his network of entrepreneurs were increasingly organizing both encrypted and artificial intelligence operations.
Encryption wind to group scale up investment
Since this year, a number of encrypted investment agencies have been adapting their investment strategies to integrate AI into their focus. In May of this year, Haun Ventures announced the establishment of a $1 billion fund to support encryption finance infrastructure, monetization and AI proxy projects. It was also reported by Fortune that Paradigm was also seeking new funds of up to $1.5 billion to invest in encryption, AI and robot start-ups.
This change reflects the fact that wind investment funds continue to support block-chain companies, while accelerating the flow to AI-related tracks. As companies like OpenAI and Anthropic continue to attract capital, investment agencies that were originally focused on digital assets are gradually expanding their mandates to cover more technology-crossing areas.