Ex-Meta CTO closes $250m climate tech fund – with European bets already placed
1 Jun 2026
15:44
Gigascale Capital, founded by former Meta chief technology officer Mike Schroepfer, has closed its first climate fund backed by institutional capital at $250m.
European startups – including London-based Cocoon and France's Dioxycle – are already in the portfolio.
European startups – including London-based Cocoon and France's Dioxycle – are already in the portfolio.
Gigascale Capital has closed a $250m fund to back early-stage founders rebuilding the physical economy, the Palo Alto-based firm announced today.
The vehicle is Gigascale's first institutional raise since Schroepfer launched the firm in 2023 alongside General Partners Victoria Beasley and Evaline Tsai. The fund's LPs were not disclosed.