About Gigafund
Gigafund is a venture capital firm founded in 2017. It is primarily based out of Austin, United States. As of Dec 2025, Gigafund has invested in 19 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Series C round of Last Energy Overall, Gigafund portfolio has seen 2 unicorns, 1 IPO and 4 acquisitions including key companies like SpaceX, Angel Studios and xAI. A lot of funds co-invest with Gigafund, with names like Valor Equity Partners sharing a substantial percentage of its portfolio. Gigafund has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Gigafund's List of Top Investments
Gigafund has a portfolio of 19 companies, including 2 unicorns. Their most notable investments are in Luminous and Angel Studios.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, High Tech, Life Sciences and 13 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Gigafund:
1. SpaceX
Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 20,561 as on Jul 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 268 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public
Streaming platform offering curated shows and movies funded by its members. It provides entertainment content selected by its user base. The platform allows users to fund future seasons of shows and purchase merchandise. It also empowers filmmakers by providing creative control, feedback, and access to a global audience.
Key facts about Angel Studios
- Founded Year: 2013
- Location: Provo (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $97.6M
- Employee Count: 565 as on Jul 31, 2026
- Investors: Gigafund, Uncorrelated Ventures and 2 Others
- Latest Funding Round: Series D, Oct 10, 2024, $*****
- Highlight: Acquired
Cloud-based AML solutions. It automates onboarding and monitoring processes. Its features are transaction monitoring, payment screening, media screening, and more. It provides information on politically exposed persons, sanctioned entities, terrorists, and other entities that can help businesses avoid risk. It enables financial institutions to manage and regulate features such as global sanctions, global financial regulators, global law enforcement data, and more.
Key facts about ComplyAdvantage
- Founded Year: 2014
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $171M
- Employee Count: 506 as on Jul 31, 2026
- Investors: TriplePoint Capital, Goldman Sachs Investment Partners and 46 Others
- Latest Funding Round: Series C, May 01, 2021, $*****
- Highlight: Editors' Pick
4. xAI
Platform providing AI-powered assistant for image generation and trend analysis. It is an artificial intelligence (AI) company focused on advancing scientific discovery and fostering a deeper understanding of the universe through its AI model, Grok. Grok is a powerful AI assistant designed to provide truthful, useful, and curious insights by leveraging real-time search, image generation, and trend analysis capabilities. Through its developer API, xAI enables seamless integration of Grok's intelligence into various projects and applications.
Key facts about xAI
- Founded Year: 2023
- Location: Palo Alto (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $45B
- Employee Count: 5,567 as on Jul 31, 2026
- Investors: Fidelity Investments, Pittco and 62 Others
- Latest Funding Round: Series E, Jan 06, 2026, $*****
- Highlight: Acquired
5. Neuralink
Provider of implantable brain-computer interfaces. It offers flagship product the N1 Implant the Link which is a coin-sized device designed to decode neural signals and enable users to control digital devices using only their thoughts. It also has an experimental device called Blindsight to restore vision in individuals with optic nerve damage by directly stimulating the visual cortex.
Key facts about Neuralink
- Founded Year: 2016
- Location: Fremont (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.29B
- Employee Count: 708 as on Jul 31, 2026
- Investors: Glade Brook Capital, Sequoia Capital and 37 Others
- Latest Funding Round: Series E, May 08, 2026, $*****
- Highlight: Editors' Pick
Gigafund's Year-on-Year Investment Trends
Gigafund has invested in 19 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in xAI and most recent follow-on round was in Last Energy.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 1 | 1 | 2 |
2023 | 0 | 0 | 0 |
2022 | 3 | 2 | 5 |
2021 | 6 | 1 | 7 |
2020 | 2 | 1 | 3 |
2019 | 4 | 0 | 4 |
Gigafund's Investments by Stage
Gigafund has made 5 investments in Series A stage with an average round size of $17.7M, 4 investments in Series B stage with an average round size of $1.55B, 3 investments in Seed stage with an average round size of $6.43M, 3 investments in Series C stage with an average round size of $109M and 1 investment in Series E stage with an average round size of $200M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series B | 4 |
Seed | 3 |
Series C | 3 |
Series E | 1 |
Note: We have considered here, only first round of investments
Gigafund's Investments by Sector
Gigafund has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Life Sciences and Real Estate and Construction Tech. Notably, it has invested in 16 Tech companies, 13 Enterprise (B2B) companies, 8 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
High Tech | 6 |
Consumer | 4 |
Life Sciences | 4 |
Real Estate and Construction Tech | 3 |
Others | 12 |
Note: We have considered here, only first round of investments
Gigafund's Investments by Geography
Gigafund has made most investments in United States (15), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 15 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Gigafund's recent investments
Gigafund has not made any investment in 2026 so far.Here are the most recent investments by Gigafund:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 16, 2025 | United States | Series C | 9873 | [+6] | |
Aug 29, 2024 | United States | Series B | 4902 | ||
May 10, 2024 | United States | Series B | 7269 | [+9] | |
Aug 08, 2022 | United States | Seed | 2750 | - | |
Jun 16, 2022 | United States | Series B | 9740 | [+5] |
Unicorns in Gigafund's Portfolio
Gigafund has 2 unicorns in its portfolio - The Boring Company and Neuralink. The most recent unicorn in their portfolio is The Boring Company. It became a unicorn in 2022, 2 years after Gigafund first invested in it.Here is a list of unicorns in Gigafund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of underground transportation management solutions | 2016 | Bastrop | Series C | yzeqsjq | ||
66 | Provider of implantable brain-computer interfaces | 2016 | Fremont | Series E | ixvn{tt |
IPOs and Publicly Listed companies in Gigafund's Portfolio
1 of Gigafund's portfolio company became public - SpaceX. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996BHere are Gigafund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 2709 |
Acquired companies in Gigafund's Portfolio
4 companies from Gigafund's portfolio have been acquired. The most recent acquisition was xAI in Feb 2026 by SpaceX for $*****.Here are Gigafund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 02, 2026 | May 10, 2024 | Series B | 1600 | |
Jun 26, 2025 | Feb 17, 2022 | Series E | 6566 | |
Apr 24, 2024 | Sep 30, 2020 | Series A | 8577 | |
Feb 26, 2013 | Jan 05, 2022 | Series C | 8261 |
Team profile of Gigafund
Gigafund has a team of 5 members including 3 Partners and 1 Principal located in United States. Gigafund's team sits on the board of 3 companies.Here is a list of all team members in Gigafund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | Austin | |||
Partner | Austin | - | ||
Principal | - | - | - |
Co-investors of Gigafund
Over the past 7 years, 208 investors have co-invested in Gigafund's portfolio companies. This includes funds and angels.
- Invested before Gigafund: Founders Fund, RA Capital Management and 59 others have invested in rounds before Gigafund. There are 3 companies where Founders Fund has invested before Gigafund and 1 company where RA Capital Management has invested before Gigafund.
- Top Co-investors of Gigafund: 62 investors entered a company along with Gigafund. These include investors like Valor Equity Partners (3 companies).
- Invested after Gigafund: A total of 85 investors have invested in Gigafund's portfolio after their investments. Top Investors include Oman Investment Authority (2 companies), Lightspeed Venture Partners (2 companies) and Sequoia Capital (2 companies).
Recent News related to Gigafund
•
Last Energy Raises $100 Million in Series C Funding for Small Modular ReactorsStartup Log•Dec 17, 2025•Last Energy, Gigafund, Woori Technology, Aeventures and 6 others
•
Stargate Hydrogen Raises €11M in Series A FundingFinSMEs•Mar 04, 2025•Stargate Hydrogen, Union Group Investments, SmartCap, Giga and 3 others
•
Last Energy nabs $40M to realize vision of super-small nuclear reactorsCanary Media•Aug 29, 2024•Last Energy, Gigafund
•
Musk’s xAI is raising $6 billion from Sequoia and othersThe Hindu•Apr 26, 2024•xAI, Sequoia Capital, Future Ventures, Gigafund and 7 others
•
Luminous Computing inks $105m Series AGoogle Usercontent•Jul 07, 2023•Luminous, Gigafund, 8090 Partners, MVP Ventures and 4 others
•
SpaceX raising $750 million at a $137 billion valuation, investors include Andreessen-HorowitzCNBC•Jan 03, 2023•SpaceX, Andreessen Horowitz, Founders Fund, Sequoia Capital and 5 others
•
Sana Expands Affordable Health Insurance Offerings for Small Businesses to AlabamaInsuranceNewsNet•Sep 14, 2022•Sana Benefits, Trust Ventures, Gigafund
•
Sana’s plan to level up SMB health care brings in $60MTechCrunch+•Jun 15, 2022•Sana Benefits, Trust Ventures, Gigafund, American Family Ventures and 5 others
•
Luminous is Out to Build Fastest Ever AI Supercomputer, Raising $105 Million InvestmentProPakistani•Mar 12, 2022•Luminous, Gigafund, 8090 Partners, Neo and 7 others
•
Synthego raises $200m to accelerate discoveries of new therapeuticsPharmaceutical Business Review•Feb 18, 2022•Synthego, Perceptive Advisors, RA Capital Management, Wellington and 7 others

