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Framework Computer raised $17M in a Series A-1 round led by Spark Capital

Apr 23, 2024over 1 year ago

Amount Raised

$17 Million

Round Type

series a

San FranciscoConsumer ElectronicsElectronics

Investors

Pathbreaker VenturesCooler MasterAnzu PartnersBuckley VenturesSpark Capital

Description

Framework Computer, known for its repairable laptops, announced a $17 million Series A-1 funding round. The funding will be used for expanding its product categories, hiring, and further scaling its current offerings.

Company Information

Company

Framework Computer Inc

Location

1870 OGDEN DR

San Francisco, California, United States

About

We're building people and planet-friendly consumer electronics products that are designed to be easy to upgrade, customize, and repair. Our first product is the Framework Laptop, which has received an incredible response from press and consumers (including recently landing on the cover of TIME's Best Inventions of 2021).

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech