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Founders · businesswire.com · Monday, 1 June 2026

Ex-Meta CTO’s Gigascale Capital Closes $250M Climate‑Impact Fund

Gigascale Capital, founded by former Meta CTO Mike Schroepfer, announced the close of its first institutional fund with $250 million to back early‑stage founders tackling energy, materials and infrastructure challenges. The fund targets technologies that lower costs and emissions by modernizing the physical economy, leveraging AI, electrification and advanced manufacturing.

Read the source: businesswire.com ↗In the 1 June issue →