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.
Average disclosed round size is $21.4M (across 66 rounds with reported amounts).
Portfolio
67
Fund Size
$400M
Top Stage
Series A
Last 12 Mo
5
Team
Nick Trileski
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
72 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Midas | Series A | $50M | Mar 2026 |
 Cantina | Unknown | $8M | Jan 2026 |
 Checker | Unknown | $8M | Jan 2026 |
| CChecker Corp | Seed | $8M | Jan 2026 |
 Daylight Energy | Series B | $75M | Oct 2025 |
 Perle Ai | Seed | $9M | Aug 2025 |
 W3.io | Seed | $7M | Jul 2025 |
 Botpress | Series B | $25M | Jun 2025 |
 Plasma | Series A | $20M | Feb 2025 |
 Vasco | Seed | $8M | Jan 2025 |
| IInfrared | Series A | $14M | Jan 2025 |
 Infrared Finance | Series A | $14M | Jan 2025 |
 Unto Labs | Seed | $14.4M | Jan 2025 |
| AAvalon Labs | Series A | $10M | Dec 2024 |
 Ammalgam | Unknown | $2.5M | Sep 2024 |
 Sentient AI | Seed | $85M | Jul 2024 |
 Allora | Unknown | — | Jun 2024 |
 Paxafe | Series A | $9M | May 2024 |
 Berachain | Series C | $69M | Mar 2024 |
 AI Arena | Seed | $6M | Jan 2024 |
| SSentient | Seed | $85M | Jan 2024 |
 ArenaX Labs Inc. | Unknown | $6M | Jan 2024 |
| AAndalusia Labs | Series A | $48M | Dec 2023 |
 Membrane Labs | Series A | $20M | Oct 2023 |
 Spectarium | Seed | $5.3M | Sep 2023 |
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Top Co-Investors
Coinbase Ventures10 shared
Electric Capital6 shared
Delphi Digital6 shared
Polygon Ventures5 shared
The Spartan Group5 shared
SevenX Ventures4 shared
Blockchain Capital4 shared
Digital Currency Group4 shared
CoinFund4 shared
Multicoin Capital4 shared
Wintermute Ventures4 shared
Solana Ventures4 shared
Pantera Capital3 shared
GSR Ventures3 shared
Moore Strategic Ventures3 shared
North Island Ventures3 shared
Slow Ventures3 shared
Mechanism Capital3 shared
Polychain Capital3 shared
ParaFi Capital3 shared
Last updated: 7 September 2026