Gigascale Capital is a climate-focused venture capital firm founded in 2023 by former Meta CTO Mike Schroepfer, Victoria Beasley, and Evaline Tsai. Based in Palo Alto, California, the firm invests in early-stage companies rebuilding the physical economy for climate impact across energy, factories, supply chains, and infrastructure.
30% of their portfolio is in Climate & Energy. Deal activity increased 700% year-over-year (8 deals in the last 12 months). Average disclosed round size is $226.4M (across 27 rounds with reported amounts).
Portfolio
18
Fund Size
$250M
Top Stage
Series A
Last 12 Mo
8
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
27 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Fractile | Series B | $220M | Sep 2026 |
 Light Energy | Unknown | $46M | Sep 2026 |
| RRed Metals | Seed | $10M | Jun 2026 |
 Panthalassa | Series B | $140M | May 2026 |
| VVor Systems | Pre-Seed | $3M | Mar 2026 |
 Heron Power | Series D | $140M | Feb 2026 |
| Heron Power | Series B | $140M | Feb 2026 |
 Heron | Series B | $140M | Feb 2026 |
| Panthalassa | Series B | $140M | Jan 2026 |
| Heron Power | Series A | $140M | Jan 2026 |
 Form Energy | Series A | $750M | Jan 2026 |
| Heron | Series A | $38M | May 2025 |
| CCfs | Series B | $863M | Jan 2025 |
| CCommonwealth Fusion Systems (CFS) | Unknown | $863M | Jan 2025 |
| Fractile | Seed | $15M | Jul 2024 |
 Arch | Seed | $6.2M | Feb 2024 |
 Xcimer Energy | Seed | $100M | Jan 2023 |
 Cocoon | Series A | $20M | Sep 2021 |
| CCommonwealth Fusion Systems (CFS) | Series B | $1.8B | Jan 2021 |
| TTerraton | Seed | $11.5M | — |
| Cocoon | Pre-Seed | $5.4M | — |
 Cocoon Carbon | Series A | $15M | — |
 Xcimer | Series A | $100M | — |
| Xcimer Energy | Series A | $200M | — |
 Xcimer Energy | Series A | $100M | — |
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Top Co-Investors
Breakthrough Energy Ventures13 shared
Lowercarbon Capital10 shared
Wireframe Ventures7 shared
Emerson Collective7 shared
Energy Impact Partners6 shared
Starlight Ventures6 shared
Prelude Ventures6 shared
Capricorn Investment Group5 shared
Hedosophia5 shared
Valor Atreides AI Fund4 shared
SOSV4 shared
Founders Fund4 shared
MCJ3 shared
Y Combinator3 shared
GG13 shared
Safar Partners3 shared
HOF Capital3 shared
Galaxy Interactive3 shared
Neva SGR3 shared
Last updated: 20 October 2026