Gigascale Capital
About Gigascale Capital
Gigascale Capital was founded in 2023 in Palo Alto by Mike Schroepfer, former chief technology officer of Meta, together with Victoria Beasley and Evaline Tsai, PhD. Schroepfer launched the firm with money from his family office before raising outside capital. In June 2026 the firm announced the close of its first institutional fund, a $250 million vehicle for early-stage founders, and said it had backed more than 25 early-stage teams. Schroepfer, Beasley and Tsai are the named partners on its public profiles.
The firm treats AI as a way to shorten development timelines for physical industries. Its focus includes AI applied to the design, manufacturing and deployment of physical systems, alongside clean energy, grid infrastructure and advanced manufacturing. Its portfolio includes Fractile, a chip company building AI processors and expanding its manufacturing capacity for AI workloads. Recent AI rounds on the Lounge deals desk include Noetive's $41M seed round (September 2026) and Vor Systems' $3M pre-seed round (March 2026).
Gigascale invests from pre-seed through Series A and keeps follow-on reserves for existing portfolio companies. A third-party listing puts typical checks between $500K and $5M and gives a decision timeline of about two months. The firm has not published these terms on its own site in the sources reviewed.
- Fractile: AI chip company expanding chip manufacturing to support AI workloads with less energy per unit of compute; round not public in our sources
- Noetive: AI company; seed round of $41M listed on the Lounge deals desk (2026-09); product details not confirmed
- Vor Systems: AI company; pre-seed round of $3M listed on the Lounge deals desk (2026-03); product details not confirmed
- businesswire.com/news/home/20260601079849/en/Gigascale-Capital-Raises-
- crunchbase.com/organization/gigascale-capital
- pitchbook.com/profiles/investor/527626-81
- f4.fund/firms/gigascale-capital
- esgtoday.com/gigascale-capital-launches-250-million-early-stage-climat
- citybiz.co/article/853396/gigascale-capital-closes-250-million-fund-ta
- bloomberg.com/news/articles/2026-06-01/former-meta-cto-raises-clean-te
- linkedin.com/in/schrep
Investing activity
Gigascale Capital has made 32 investments according to Crunchbase across 26 portfolio companies, and has led 5 rounds.
Gigascale Capital appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $41M, and led 1 of them. The rounds are mostly Seed and Pre-seed, with a median round size of $41M. The most recent are Noetive (Seed, $41M, Sep 2026) and Vor Systems (Pre-seed, $3M, Mar 2026).
Gigascale Capital most often invests alongside Eclipse, The Westly Group, Zach Frankel and Incite Ventures, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Gigascale Capital
Does Gigascale Capital invest in AI startups?
Yes, in part. Its focus includes physical AI, meaning AI applied to designing, making and running physical systems such as energy and manufacturing. Its portfolio also includes AI chip company Fractile.
What stage does Gigascale Capital invest in?
The firm invests from pre-seed through Series A and keeps reserves for follow-on rounds in companies it already backs.
How much does Gigascale Capital invest per company?
A third-party listing reports checks of $500K to $5M. The firm has not published check sizes in the sources reviewed.
How large is Gigascale Capital's fund?
In June 2026 the firm announced the close of its first institutional fund at $250 million, aimed at early-stage companies.
Who founded Gigascale Capital and when?
Gigascale Capital was founded in 2023 by Mike Schroepfer, former Meta chief technology officer, with Victoria Beasley and Evaline Tsai.
What AI companies has Gigascale Capital invested in?
Gigascale Capital's AI investments include Noetive and Vor Systems. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Gigascale Capital based?
Gigascale Capital is based in Palo Alto, California, United States.
What stage does Gigascale Capital invest at?
In the rounds tracked on AI Lounge, Gigascale Capital has invested at Seed and Pre-seed, with a median round of $41M. Gigascale Capital led 1 of those rounds.
Who does Gigascale Capital co-invest with?
Gigascale Capital's most frequent co-investors on AI Lounge are Eclipse (1 deal), The Westly Group (1 deal), Zach Frankel (1 deal), Incite Ventures (1 deal) and Liquid 2 Ventures (1 deal).
How can founders reach Gigascale Capital?
Founders on AI Lounge can see Gigascale Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Gigascale Capital to their Investor Pipeline to track the conversation.