About Gigascale Capital
Gigascale Capital is a venture capital firm founded in 2023. It is primarily based out of Palo Alto, United States. As of Sep 2026, Gigascale Capital is an active investor, having invested in 19 companies, with 8 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Energy Tech. Most recently it participated in the $***** Series C round of Solcoa Industries Overall, Gigascale Capital portfolio has seen 1 unicorn, namely Form Energy. A lot of funds co-invest with Gigascale Capital, with names like Breakthrough Energy sharing a substantial percentage of its portfolio. Gigascale Capital has team of 6 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Unicorns
Deals in last 12 months
Gigascale Capital's List of Top Investments
Gigascale Capital has a portfolio of 19 companies, one of which is a Unicorn. Their most notable investments are in Arch and Integrated Nonferrous Metals.Their portfolio spans across United States, United Kingdom and France. They have invested in Environment Tech, High Tech, Energy Tech and 8 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Gigascale Capital:_1531912477249.png?format=webp&height=120&width=120){kind=logo}
1. Form Energy
Clean energy technology platform developing long-duration iron-air battery systems. It develops advanced battery solutions capable of storing electricity for multiple days, helping balance energy supply and demand during periods of high stress or renewable energy intermittency. It is designed to support the transition to a cleaner and more resilient electric grid by enabling greater integration of renewable energy sources such as wind and solar. Its technology centers on cost-effective, scalable battery systems built for long-duration storage applications, addressing critical gaps in traditional short-duration energy storage solutions.
Key facts about Form Energy
- Founded Year: 2017
- Location: Somerville (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $2B
- Employee Count: 902 as on Sep 30, 2026
- Investors: T. Rowe Price, GIC and 45 Others
- Latest Funding Round: Conventional Debt, Sep 21, 2026, $*****
- Highlight: Editors' Pick
2. CFS
Provider of tokamak nuclear fusion reactors. It uses rare-earth barium copper oxide in high-field superconducting magnets for the working of compact fusion reactors.
Key facts about CFS
- Founded Year: 2018
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $4B
- Employee Count: 1,108 as on Aug 31, 2026
- Investors: Temasek, DFJ Growth and 69 Others
- Latest Funding Round: Series C, Jul 30, 2026, $*****
- Highlight: Editors' Pick
3. Fractile
Developer of AI chips for running large AI models. The company develops data center LLM inference accelerator for models with billions or hundreds of billions of parameters
Key facts about Fractile
- Founded Year: 2022
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $260M
- Employee Count: 132 as on Aug 31, 2026
- Investors: Inovia Capital, Felicis Ventures and 22 Others
- Latest Funding Round: Series B, May 13, 2026, $*****
- Highlight: Editors' Pick
4. Xcimer
Developer of laser technology for commercial inertial fusion energy systems. It focuses on building high-energy laser systems to enable inertial fusion energy. The goal is to couple plasma physics and fusion confinement concepts with a lower-cost, higher-energy laser system that can scale to commercial application. It aims to deliver the future of electricity by combining proven science with breakthrough laser technology.
Key facts about Xcimer
- Founded Year: 2021
- Location: Redwood City (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $100M
- Employee Count: 155 as on Aug 31, 2026
- Investors: Emerson Collective, Prelude Ventures and 10 Others
- Latest Funding Round: Grant (prize money), Oct 07, 2026, $*****
- Highlight: Editors' Pick
5. Terradot
Technology solution for carbon removal. It uses Enhanced Rock Weathering process to remove carbon from the atmosphere naturally. It also measures and verifies carbon sequestration.
Key facts about Terradot
- Founded Year: 2023
- Location: Stanford (United States)
- Stage: Series A
- Total Funding till date: $58.2M
- Employee Count: 86 as on Aug 31, 2026
- Investors: Floodgate, Kleiner Perkins and 15 Others
- Latest Funding Round: Series A, Dec 12, 2024, $*****
- Highlight: Editors' Pick
Gigascale Capital's Year-on-Year Investment Trends
Gigascale Capital has invested in 19 companies over the last 3 years, with an average of 6 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 10 investments in this year. Its most recent first time investment was in Solcoa Industries and most recent follow-on round was in Form Energy.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 3 | 10 |
2025 | 4 | 0 | 4 |
2024 | 7 | 0 | 7 |
2023 | 1 | 0 | 1 |
Gigascale Capital's Investments by Stage
Gigascale Capital has made 8 investments in Seed stage with an average round size of $10.3M, 6 investments in Series A stage with an average round size of $52.5M, 3 investments in Series B stage with an average round size of $372M, 1 investment in Series C stage with an average round size of $45M and 1 investment in Series F stage with an average round size of $405M.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series A | 6 |
Series B | 3 |
Series C | 1 |
Series F | 1 |
Note: We have considered here, only first round of investments
Gigascale Capital's Investments by Sector
Gigascale Capital has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, Energy Tech, High Tech and Energy. Notably, it has invested in 11 Enterprise (B2B) companies, 11 Tech companies, 5 Software companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Sustainability Tech | 8 |
Environment Tech | 7 |
Energy Tech | 6 |
High Tech | 6 |
Energy | 4 |
Others | 20 |
Note: We have considered here, only first round of investments
Gigascale Capital's Investments by Geography
Gigascale Capital has made most investments in United States (15), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 15 |
United Kingdom | 2 |
France | 1 |
Note: We have considered here, only first round of investments
Gigascale Capital's recent investments
Gigascale Capital has made 10 investments in 2026 so far. Solcoa Industries and Noetive are the latest among them.Here are the most recent investments by Gigascale Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 25, 2026 | United States | Series C | 6599 | ||
Sep 16, 2026 | United States | Seed | 7394 | [+7] | |
Sep 15, 2026 | United States | Series B | 7265 | [+4] | |
Sep 01, 2026 | United States | Series A | 5386 | [+5] | |
Aug 12, 2026 | United States | Series G | 4227 | [+17] |
Unicorns in Gigascale Capital's Portfolio
Gigascale Capital has 1 unicorn in its portfolio - Form Energy. The most recent unicorn in their portfolio is Form Energy which became a unicorn in 2022, 2 years before Gigascale Capital first invested in it.Here is a list of unicorns in Gigascale Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Clean energy technology platform developing long-duration iron-air battery systems | 2017 | Somerville | Series G | nury{pn |
Team profile of Gigascale Capital
Gigascale Capital has a team of 6 members including 2 Partners, 1 Venture Partner and 2 Principals located in United States. Gigascale Capital's team sits on the board of 1 company.Here is a list of all team members in Gigascale Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | Mountain View | - | ||
Venture Partner | Seattle | - | - | |
Principal | Palo Alto | |||
Principal | San Francisco | - |
Co-investors of Gigascale Capital
Over the past 3 years, 195 investors have co-invested in Gigascale Capital's portfolio companies. This includes funds and angels.
- Invested before Gigascale Capital: Breakthrough Energy, ARPA-E and 69 others have invested in rounds before Gigascale Capital. There are 3 companies where Breakthrough Energy has invested before Gigascale Capital and 2 companies where ARPA-E has invested before Gigascale Capital.
- Top Co-investors of Gigascale Capital: 108 investors entered a company along with Gigascale Capital. These include investors like Breakthrough Energy (3 companies).
- Invested after Gigascale Capital: A total of 16 investors have invested in Gigascale Capital's portfolio after their investments. Top Investors include Development Bank of Japan (1 company), Sequoia Capital (1 company) and Janus Henderson Investors (1 company).
Recent News related to Gigascale Capital
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Planted Raises $31.8 Million to Accelerate Autonomous Power DeploymentBusiness Wire•Sep 15, 2026•Khosla Ventures, Piva Capital, RA Capital Management, Google and 4 others
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Red Metals Secures $10M for U.S. Copper Supply ChainVentureburn•Jun 05, 2026•Gigascale Capital, Future Ventures
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Gigascale Capital Raises $250 Million Fund for Climate Impact InvestmentsThe Joplin Globe•Jun 01, 2026•Gigascale Capital
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China's Manus Founders Seek $1 Billion to Undo Meta TakeoverU.S. News•May 21, 2026•Meta, Peregrine Investment Management, Gigascale Capital
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Fractile Secures $220M for AI Chips Amidst Intense Market DemandStartupHub.ai•May 13, 2026•Fractile, Factorial Funds, Founders Fund, Accel and 6 others
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Cocoon Carbon Raises $15M in Series A FundingFinSMEs•Mar 18, 2026•Celsius Industries, CocoonCarbon, Gigascale Capital, The Venture Collective and 4 others
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Vor Systems Raises $3M Pre-Seed to Unblock Complex Renewable Energy TransactionsBusiness Wire•Mar 05, 2026•Gigascale Capital, Virta Ventures, Vor Systems
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Heron Power Raises $140 Million in Series B FundingStartup Log•Feb 19, 2026•Heron Power, Tesla, Breakthrough Energy, Gigascale Capital and 4 others
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Arbor Energy Raises $55 Million Series A to Scale Abundant Clean Power for the AI Economyintelligence360•Nov 10, 2025•Arbor, Gigascale Capital, Voyager, Lowercarbon and 8 others
