--- title: "Zigging when most are zagging, ex-Meta CTO raises $250M climate fund" url: https://daily.dev/posts/zigging-when-most-are-zagging-ex-meta-cto-raises-250m-climate-fund-exxk3swc3 source_url: https://techcrunch.com/2026/06/01/zigging-when-most-are-zagging-ex-meta-cto-raises-250m-climate-fund type: article source: "TechCrunch" published: 2026-06-01T16:43:49.828Z updated: 2026-06-01T16:44:15.344Z tags: ["venture-capital", "climate-tech", "clean-energy"] reading_time: 3 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Zigging when most are zagging, ex-Meta CTO raises $250M climate fund **[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments ## Summary Gigascale Capital, the venture firm led by former Meta CTO Mike Schroepfer, has raised a $250 million second fund focused on climate tech — specifically energy, grid infrastructure, and critical minerals. The fund bucks the current trend of investor skepticism toward climate tech, doubling down on the thesis that clean energy solutions can win on economic merits. Portfolio companies include Commonwealth Fusion Systems, Heron Power, Mill, and Form Energy. The fund's early-stage focus is partly driven by AI's surging electricity demand, which Schroepfer sees as creating new opportunities for startups that can deliver cheaper, faster, or more flexible power. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Ex-Meta CTO raises $250M climate fund as AI energy demand surges](https://daily.dev/posts/ex-meta-cto-raises-250m-climate-fund-as-ai-energy-demand-surges-71gzvhl8o) · The Next Web · 0 upvotes · 0 comments - [Climactic launches hybrid fund to get startups through the ‘valley of death’](https://daily.dev/posts/climactic-launches-hybrid-fund-to-get-startups-through-the-valley-of-death--mi8vojxdo) · TechCrunch · 0 upvotes · 0 comments - [Chris Sacca’s VC firm is raising a second nuclear fusion fund](https://daily.dev/posts/chris-sacca-s-vc-firm-is-raising-a-second-nuclear-fusion-fund-klohms9iz) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#climate-tech](https://daily.dev/tags/climate-tech), [#clean-energy](https://daily.dev/tags/clean-energy) [View this post on daily.dev](https://daily.dev/posts/zigging-when-most-are-zagging-ex-meta-cto-raises-250m-climate-fund-exxk3swc3)