Framework Ventures is a thesis-driven, crypto-native venture capital firm founded in 2019 by Vance Spencer and Michael Anderson. Headquartered in San Francisco, the firm invests at the intersection of blockchain, AI, robotics, and energy, with check sizes typically ranging from $5 million to $40 million.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 7 prior). Average disclosed round size is $16.9M (across 106 rounds with reported amounts).
Portfolio
97
Fund Size
$400M
Top Stage
Series A
Last 12 Mo
4
Team
Nick Trileski
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
121 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Mecka | Series A | $25M | Jun 2026 |
 Midas | Series A | $50M | Mar 2026 |
 Cantina | Unknown | $8M | Jan 2026 |
| CChecker Corp | Unknown | $8M | Jan 2026 |
| CChecker Corp | Seed | $8M | Jan 2026 |
| OObex | Growth | $37M | Nov 2025 |
 Daylight Energy | Series B | — | Oct 2025 |
 Perle Ai | Seed | $9M | Aug 2025 |
 W3.io | Seed | $7M | Jul 2025 |
 Botpress | Series B | $25M | Jun 2025 |
 Meanwhile | Series A | $40M | Apr 2025 |
 Plasma | Series A | — | Feb 2025 |
 Vasco | Seed | $8M | Jan 2025 |
| IInfrared | Series A | $14M | Jan 2025 |
 Unto Labs | Seed | $14.4M | Jan 2025 |
| MMecka AI | Series A | $25M | Jan 2025 |
| SStyx Intel | Seed | $2.7M | Jan 2025 |
| Plasma | Series A | $20M | Jan 2025 |
| Botpress | Series B | $25M | Jan 2025 |
| AAvalon Labs | Series A | $10M | Dec 2024 |
 Ammalgam | Unknown | $2.5M | Sep 2024 |
| W3.io | Seed | $7M | Jul 2024 |
 Sentient AI | Seed | — | Jul 2024 |
 Allora | Unknown | — | Jun 2024 |
 Arbelos | Seed | $28M | May 2024 |
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Top Co-Investors
Coinbase Ventures16 shared
Electric Capital9 shared
Delphi Digital7 shared
Polygon Ventures6 shared
The Spartan Group6 shared
Polychain Capital6 shared
Arrington Capital6 shared
Pantera Capital5 shared
Protocol Labs5 shared
Room40 Ventures5 shared
CoinFund5 shared
Dragonfly5 shared
ParaFi Capital5 shared
Multicoin Capital5 shared
Circle Ventures5 shared
Wintermute Ventures5 shared
Brevan Howard5 shared
Solana Ventures5 shared
Selini Capital5 shared
SevenX Ventures4 shared
Last updated: 7 October 2026