Gigascale, the venture capital firm founded by former Meta CTO Mike Schroepfer, has announced a new $250 million fund focused on investing in the next generation of climate and infrastructure startups.
The new fund will target founders building solutions across energy, grid infrastructure, critical minerals, and industrial technologies, with a strong focus on accelerating the transition toward a more sustainable and resilient physical economy.
Doubling Down On Climate Technology
Despite growing investor caution around climate-focused venture investing in recent years, Gigascale continues to position climate technology at the center of its investment strategy.
The firm believes that the most successful climate companies will not win solely because they reduce emissions, but because they deliver products and services that are cheaper, faster, and more reliable than existing alternatives.
This approach reflects a broader shift within climate technology, where commercial competitiveness is increasingly viewed as the primary driver of adoption.
Advertisement
Investing In The Infrastructure Behind The Energy Transition
A major focus of the new fund will be the growing demand for energy and infrastructure driven by electrification, industrial transformation, and the rapid expansion of artificial intelligence.
As electricity demand continues to rise globally, Gigascale sees significant opportunities across power generation, grid modernisation, energy storage, and critical supply chain infrastructure.
The firm believes startups developing scalable solutions in these sectors are well positioned to benefit from long-term structural demand.
Building On A Growing Climate Portfolio
Since launching Gigascale, Schroepfer has backed several notable climate technology companies including Commonwealth Fusion Systems, Heron Power, Mill, and Form Energy.
The new fund builds on that strategy while expanding the firm’s ability to support earlier-stage founders.
It also represents Gigascale’s first early-stage vehicle that includes institutional investors alongside existing backers.
Looking Beyond Energy Generation
While energy remains a central investment theme, Gigascale plans to explore opportunities across a broader range of sectors supporting the physical economy.
These include critical minerals, industrial infrastructure, manufacturing technologies, and emerging applications of physical AI.
The firm believes these technologies will play an increasingly important role as industries seek to improve efficiency, resilience, and sustainability.
According to Mike Schroepfer, the most impactful climate companies are those that outperform existing solutions on economics and reliability while delivering environmental benefits as a result.
“The companies we back win because they’re cheaper, faster, and more reliable. That’s how adoption scales. Climate impact is the result of better-performing systems.”
About Gigascale
Gigascale is a climate-focused venture capital firm founded by former Meta CTO Mike Schroepfer. The firm invests in startups developing technologies across energy, infrastructure, industrial systems, and climate innovation, supporting founders building the next generation of the global physical economy.
