Framework Computer Inc

Framework Computer Inc is a US-based consumer electronics company creating customizable and repairable laptops. Framework is a proponent of the Right to Repair movement, designing their products to be easily opened and repaired. They also sell replacement parts on their website, including kits that allow users to upgrade an older Framework Laptop to a newer generation.

In November 2021, Time magazine listed the Framework Laptop on their list of the 100 Best Inventions of 2021. ¹ In March 2022, Fast Company listed the Framework Laptop on their list of the Most Innovative Companies of 2022. ²

History

Framework was founded by Nirav Patel in January 2020. The company received $9 million in seed-round funding in the first half of 2021. They opened pre-orders for their first product, Framework Laptop 13 (11th Gen Intel Core), in May 2021. Those pre-orders began shipping in July of that year.

In September 2021, YouTuber Linus Sebastian invested $225,000 in Framework to express support for the company’s mission. ³ Spark Capital led a Series A round, which raised an additional $18 million in January 2022.

The company announced a Series A-1 round April 23, 2024. The series raised a total of $17 million from investors including Spark Capital, which led the round, Buckley Ventures, Anzu Partners, Cooler Master and Pathbreaker Ventures. ⁴ They also announced a $1 million community round at the same time, which allowed 100 individuals who meet the requirements to be SEC Accredited Investors to invest $10,000 each. Investors can qualify based on income, net worth or financial criteria. ⁵

References