Framework Ventures

Framework Ventures is a San Francisco-based venture capital firm specializing in blockchain gaming and decentralized finance investments. Founded in 2019 by Vance Spencer and Michael Anderson, the firm has established itself as a prominent player in the crypto-native venture capital space. Framework Ventures has raised two funds, totaling $500 million, and has a track record of partnering with successful founders in the DeFi, stablecoin, AI, and blockchain infrastructure sectors. The firm typically leads early-stage rounds with check sizes ranging from $250,000 to $40 million.

The firm's investment strategy focuses on high-conviction, early-stage opportunities, primarily in the DeFi, stablecoin, AI, and blockchain infrastructure sectors. Framework Ventures is known for its active involvement in the projects it invests in, often leading rounds and taking significant ownership stakes. The firm has a history of investing in blockchain gaming, with approximately 50% of its third fund earmarked for this sector.

Framework Ventures has a strong track record in the crypto industry, having been one of the earliest venture firms to enter the DeFi space in 2019. The firm has invested in several multi-billion dollar protocols, including Chainlink, Aave, The Graph, and Tokemak. Additionally, Framework Ventures has expanded into the blockchain gaming market, investing in projects like Illuvium and Zapper. The firm's approach combines traditional venture capital strategies with active participation in the projects it supports, aiming to foster the growth and success of the blockchain networks it invests in.