What is Framework?
Framework is an innovative technology company focused on designing and manufacturing highly repairable laptops. Differentiating itself in the consumer electronics market, Framework prioritizes user accessibility and sustainability by making its devices easier to disassemble and repair. The company provides tools and detailed guides, including QR codes on components linking directly to repair instructions, empowering users to extend the lifespan of their hardware and reduce electronic waste. This approach positions Framework as a leader in the growing movement towards more sustainable and user-centric technology.
How much funding has Framework raised?
Framework has raised a total of $18M across 1 funding round:
Series A
$18M
Series A (2022): $18M with participation from Anorak Ventures, Formic Ventures, Spark Capital, and Pathbreaker Ventures
Key Investors in Framework
Anorak Ventures
Anorak Ventures is a venture capital firm established in 2016, focusing on virtual and augmented reality, robotics, autonomous vehicles, deep learning, and artificial intelligence sectors.
Spark Capital
Spark Capital is a venture capital firm that invests across all sectors and stages, known for backing innovative products and creators, with offices in San Francisco, Boston, and New York City.
Pathbreaker Ventures
Pathbreaker Ventures, founded in 2016 and based in San Francisco, CA, invests in specialized founders tackling challenging problems through innovative hardware and software technologies, particularly those pursuing uncharted paths.
What's next for Framework?
The recent major strategic investment signifies a pivotal moment for Framework, likely enabling the company to scale its manufacturing operations, expand its product line, and further develop its repairability ecosystem. This capital infusion is expected to accelerate Framework's growth trajectory, allowing it to capture a larger share of the market for durable and sustainable computing solutions. The company's commitment to repairability and user empowerment positions it for continued success in an increasingly environmentally conscious market.
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