Framework Ventures raises $400 million fourth fund to back crypto and AI

The San Francisco venture firm is widening its frontier-technology push across blockchain, AI, robotics, energy and fintech while disclosing key crypto holdings and senior staffing changes.

HYPE

SKY

30d ago

Fact Check

Both the Fortune article and crypto.news independently confirm every element of the claim: Framework Ventures (San Francisco-based VC) raised $400 million for its fourth fund, the fund targets crypto and AI (plus robotics and energy), and about half has already been deployed as investors broaden into frontier technology. The Fortune piece is the primary news source for the announcement dated June 26, 2026, and crypto.news corroborates the same figures.

Summary

Framework Ventures has closed a $400 million fourth fund, FVIV, focused on frontier areas spanning blockchain, AI, robotics, energy and fintech. The San Francisco venture firm had previously said about half the fund was already deployed and that it recently led Mecka AI’s $60 million round while maintaining major crypto positions in Hyperliquid, Plasma and Sky. In its latest update, Framework disclosed the fund name, promoted Rajiv Patel-O'Connor to general partner, added partners Ryan Barney and Nick Trileski from Pantera and DRW, and said it is recruiting founders in related fields.

Terms & Concepts

blockchain: A shared digital ledger used to record transactions across a network.
DeFi: Decentralized finance using blockchain-based financial applications.
limited partners: Investors who supply capital to venture funds.