Framework Ventures has closed a $400 million fourth fund that will finance startups developing crypto, artificial intelligence, robotics, and energy technologies as the venture capital firm broadens its investment mandate.
Summary
- Framework Ventures launched a $400 million fund to invest in crypto, artificial intelligence, robotics, and energy startups.
- About half of the new capital has already been deployed, with support from sovereign wealth funds, endowments, funds of funds, and nonprofit investors.
- Framework joined firms such as Haun Ventures and Paradigm in expanding beyond crypto as venture investment increasingly targets artificial intelligence.
Framework…
