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Ex-Meta CTO raises $250M climate fund as AI energy demand surges
Mike Schroepfer's Gigascale Capital raises $250M for energy and climate startups, betting that AI's power demands will make clean tech the real winners of the AI boom.
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axios.com
New climate fund targets "rebuilding the physical economy"
Gigascale is focusing on where constraints are "most acute," like clean energy, automation, grid infrastructure, and supply chains to support them.
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techfundingnews.com
Former Meta CTO closes $250M fund to back deeptech founders making clean energy cheaper — TFN
Former Meta CTO Mike Schroepfer has closed Gigascale Capital's first institutional fund at $250 million, backing more than 25 early-stage companies.
