Woofun AI reports that Framework Ventures has closed its fourth fund with $400 million to target frontier technology beyond blockchain. The San Francisco-based firm will allocate capital across artificial intelligence, robotics, and energy while continuing its core crypto investments. Co-founders Vance Spencer and Michael Anderson confirmed that approximately half of the capital has already been deployed, though they declined to name the limited partners.

The strategic pivot reflects a wider trend among crypto venture firms to diversify into adjacent emerging sectors without abandoning their digital asset roots. Anderson emphasized that the firm is not merely chasing the AI trend but is following the trajectory of its existing founder network. This approach was demonstrated in early June when Framework backed the robotics data startup Mecka AI in a $60 million round.

Woofun AI data shows the firm's recent activity extends to traditional finance integration through a partnership with mortgage lender Better. In February, the two entities collaborated to provide up to $500 million in financing via the Sky stablecoin ecosystem. Separately, Framework secured a $45 million stake in Better, representing roughly 10% of the company's stock.

Founded in 2019 with a first fund focused on decentralized finance, Framework has evolved through multiple market cycles to support infrastructure builders. Its portfolio now includes major platforms such as Aave, Chainlink, Hyperliquid, Jito Labs, and Plasma. Previous fundraising efforts included a $100 million second fund in 2021 and a $400 million third fund in 2022, both primarily dedicated to crypto.

This latest raise marks a definitive structural shift for the firm as it balances legacy crypto holdings with new frontiers in robotics and energy. The move underscores a maturing venture landscape where specialized crypto funds are increasingly becoming generalist frontier technology investors.