Former Meta CTO Mike Schroepfer's new venture firm, Gigascale Capital, has raised $250 million to invest in climate technology startups addressing energy and material shortages. The fund aims to support innovative solutions for sustainable development during a challenging period for climate tech funding.
Background
Climate tech investment has faced headwinds in recent years despite growing urgency to address climate change, making this large fund notable. Mike Schroepfer brings significant tech industry credibility as Meta's former CTO.
- Source
- TechCrunch
- Published
- Jun 2, 2026 at 12:42 AM
- Score
- 6.0 / 10