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Ex-Meta CTO Launches $250M Fund Targeting Climate Tech Innovation

Gigascale Capital, led by former Meta CTO Mike Schroepfer, has secured $250 million to back startups focused on energy solutions, grid advancements, and critical mineral development. This marks Gigascale’s second fund and its inaugural partnership with institutional investors. The initiative comes as venture capital trends heavily favor AI technologies, highlighting Schroepfer’s commitment to climate tech progress.

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The Next Web