GigaFund

GigaFund is a venture capital firm established in 2017 and located in Austin, Texas. The firm specializes in early-stage and growth capital investments, focusing on long-term, concentrated investments in innovative founders capable of scaling their companies over decades. GigaFund targets sectors that address significant societal challenges, including affordable housing and sustainable energy solutions. By investing in companies that aim to revolutionize the construction of high-quality homes and develop clean nuclear power, GigaFund seeks to create lasting impact in areas crucial to modern living and environmental sustainability. As a Registered Investment Adviser, the firm is committed to supporting visionary entrepreneurs who can drive meaningful change.

Luke Nosek

Managing Partner

Stephen Oskoui

Managing Partner

23 past transactions

Last Energy

Series B in 2023
Last Energy develops and delivers small modular nuclear power plants with a modular design and a novel delivery model, employing standard pressurized water reactor technology to provide electricity and direct heat. The company aims to decarbonize energy production, reduce construction time and cost, and expand access to clean, affordable power by integrating plants into industrial processes and enabling rapid deployment, thereby supporting sustainable, low-emission energy systems.

SpaceX

Private Equity Round in 2023
Founded in 2002, SpaceX designs, manufactures, and launches advanced rockets and spacecraft. Its notable projects include Falcon Heavy, Dragon, Starship, and human spaceflight initiatives.

Ziki

Seed Round in 2022
Ziki is a company that operates modular restaurants focused on providing health-conscious dining options. The establishment prides itself on offering food that is free from seed oils, canola oils, vegetable oils, and soy, ensuring a clean ingredient profile. By combining quality ingredients and innovative preparation methods, Ziki aims to deliver a casual dining experience that stands apart from traditional fast-food establishments. The company specializes in fusion dishes that cater to consumers seeking healthier meal choices without compromising on flavor or quality.

TruckBux

Seed Round in 2022
TruckBux LLC is a technology-driven company based in Yardley, Pennsylvania, that specializes in the food truck industry. Founded in 2016, TruckBux has developed a mobile application that allows users to discover local food trucks, view menus, and place orders for pickup and delivery via Android and Apple devices. The company also operates decentralized ghost kitchen food trucks, utilizing its proprietary delivery technology to streamline service and reduce costs significantly compared to traditional food service models. Restaurant partners benefit from a dedicated app that enables them to manage their orders efficiently while incurring a low service fee. TruckBux's delivery platform supports operations across all 50 states, offering a comprehensive solution for both food vendors and consumers.

Sana Benefits

Series B in 2022
Sana Benefits, Inc. is an insurance provider that specializes in employee benefit packages for small and medium-sized businesses. Founded in 2017 and based in Austin, Texas, the company offers a range of health plans that include medical, dental, vision, telemedicine, mental wellness, physical wellness, and maternity care. Sana Benefits aims to simplify the insurance process, ensuring transparent pricing and a strong emphasis on customer service. The company caters to employers, employees, brokers, and healthcare providers, striving to meet the diverse needs of its clients while promoting accessible and affordable healthcare solutions.

Luminous Computing

Series A in 2022
Founded in 2018, Luminous Computing specializes in developing photonics chips tailored for artificial intelligence workloads. Their flagship product is an AI training and inference chip that packs the power of supercomputers into a single unit, mitigating traditional processing bottlenecks.

Synthego Corporation

Series E in 2022
Synthego is a biotechnology company specializing in genome engineering. It offers integrated hardware, software, bioinformatics, chemistries, and molecular biology platforms to advance basic research and therapeutic development. Its products include engineered cells, CRISPR kits, and bioinformatics tools for gene knockout, target validation, and disease modeling. Synthego serves scientists globally, with sales through distributors in multiple countries and online.

Angel Studios

Venture Round in 2022
Angel Studios is a video streaming service and media company that finances its productions through equity crowdfunding. It operates as a film studio platform enabling creators and viewers to collaborate directly, producing high-quality television and film content without Hollywood's traditional constraints.

Cover

Series B in 2021
Cover is a technology company that specializes in the design, manufacture, and installation of custom backyard studios and guesthouses. Its mission is to provide access to thoughtfully designed and well-built living spaces for a broader audience. By utilizing proprietary design software and a precision manufacturing system, Cover delivers high-quality, energy-efficient housing alternatives in significantly less time than traditional construction methods. The company focuses on enhancing living environments through an efficient process that includes design, permitting, manufacturing, and installation. Initially launched in Los Angeles, Cover is currently accepting pre-orders from customers around the world.

Sana Benefits

Series A in 2021
Sana Benefits, Inc. is an insurance provider that specializes in employee benefit packages for small and medium-sized businesses. Founded in 2017 and based in Austin, Texas, the company offers a range of health plans that include medical, dental, vision, telemedicine, mental wellness, physical wellness, and maternity care. Sana Benefits aims to simplify the insurance process, ensuring transparent pricing and a strong emphasis on customer service. The company caters to employers, employees, brokers, and healthcare providers, striving to meet the diverse needs of its clients while promoting accessible and affordable healthcare solutions.

Othram

Series B in 2021
Othram is a DNA sequencing and genomics laboratory that specializes in forensic DNA analysis and human identification. It applies parallel sequencing to forensic evidence to identify victims, locate missing persons, and reveal perpetrators, including challenging samples such as touch DNA, rootless hair, and decades-old bones. The company offers end-to-end services from DNA extraction and enrichment to sequencing, kinship analysis, mixture deconvolution, and genealogy, and combines DNA testing with a human identification solution at the intersection of molecular biology, population genetics, and bioinformatics. This approach supports autopsy investigations and cold-case resolutions by delivering genomic insights when traditional methods fall short. Othram is based in The Woodlands, Texas, and was established in 2018.

Neuralink

Series C in 2021
Neuralink develops high-bandwidth brain-machine interfaces aimed at providing solutions for individuals with paralysis. Their primary goal is to create devices that enhance abilities and foster community inclusion.

Veryable

Series A in 2021
Veryable Inc. is a Texas-based company that operates an on-demand labor marketplace specifically designed for the manufacturing and logistics sectors. Founded in 2016, the company aims to revitalize the American manufacturing industry by offering businesses a flexible labor solution that allows them to manage labor costs in small increments. This innovative approach enables companies to scale their operations while maintaining lower and more consistent cost structures. Veryable's platform connects skilled blue-collar workers with businesses in need of temporary labor, thus creating a real-time marketplace that improves productivity and workforce accessibility. The company's model supports small businesses by reducing labor costs and helping them maintain their full-time headcount, while also providing laborers with more flexible work opportunities and fair compensation.

Sunroom Rentals

Series A in 2021
Founded in 2018, Sunroom Rentals is a technology company that facilitates home leasing. It offers an online platform enabling users to locate, tour, apply for, and secure rental properties directly. The company employs self-showing locks for private tours or virtual 360-degree tours, with customer support available seven days a week.

Last Energy

Series A in 2021
Last Energy develops and delivers small modular nuclear power plants with a modular design and a novel delivery model, employing standard pressurized water reactor technology to provide electricity and direct heat. The company aims to decarbonize energy production, reduce construction time and cost, and expand access to clean, affordable power by integrating plants into industrial processes and enabling rapid deployment, thereby supporting sustainable, low-emission energy systems.

Golden

Series A in 2020
Golden is a developer of a self-constructing knowledge platform designed to aggregate information from various public and private sources, creating a comprehensive repository. The company's platform employs natural language processing to facilitate structured representation of entities and topics, making detailed and canonical information easily searchable and accessible. By leveraging both human effort and machine intelligence, Golden enhances the process of knowledge gathering and communication. Its features include powerful search capabilities, fine-grain alerts to track changes, and semi-automatic research assistance, all aimed at helping organizations stay informed and leverage the latest industry trends. This approach improves collaboration among researchers and academics while enhancing operational efficiency.

Sana Benefits

Series A in 2020
Sana Benefits, Inc. is an insurance provider that specializes in employee benefit packages for small and medium-sized businesses. Founded in 2017 and based in Austin, Texas, the company offers a range of health plans that include medical, dental, vision, telemedicine, mental wellness, physical wellness, and maternity care. Sana Benefits aims to simplify the insurance process, ensuring transparent pricing and a strong emphasis on customer service. The company caters to employers, employees, brokers, and healthcare providers, striving to meet the diverse needs of its clients while promoting accessible and affordable healthcare solutions.

Lambda School

Series C in 2020
Lambda Inc., operating as Lambda School, specializes in online education focused on coding and computer science in the United States. Founded in 2016 and based in San Francisco, the institution offers training in various fields, including software engineering, artificial intelligence, machine learning, and web development. Students engage in both online and live training sessions that feature hands-on projects, pair programming, and code reviews conducted by instructors. Lambda School aims to identify and cultivate untapped talent for in-demand jobs, pioneering a unique educational model where the institution invests in students' futures rather than requiring upfront tuition payments.

Sana Benefits

Seed Round in 2019
Sana Benefits, Inc. is an insurance provider that specializes in employee benefit packages for small and medium-sized businesses. Founded in 2017 and based in Austin, Texas, the company offers a range of health plans that include medical, dental, vision, telemedicine, mental wellness, physical wellness, and maternity care. Sana Benefits aims to simplify the insurance process, ensuring transparent pricing and a strong emphasis on customer service. The company caters to employers, employees, brokers, and healthcare providers, striving to meet the diverse needs of its clients while promoting accessible and affordable healthcare solutions.

LabGenius

Series A in 2019
LabGenius Ltd is a biopharmaceutical company based in London, United Kingdom, focused on discovering and developing new protein therapeutics to address unmet medical needs, including conditions like Inflammatory Bowel Disease. Founded in 2012, the company utilizes a machine learning-driven evolution engine and a robotic platform known as EVA, which is capable of designing, conducting, and learning from its own experiments. This innovative approach integrates advanced technologies from synthetic biology, robotics, and machine learning, enabling the engineering of protein drugs with enhanced properties such as protease stability and tissue penetration. By leveraging these cutting-edge methodologies, LabGenius aims to provide physicians with access to novel protein therapeutics that are developed through automation and intelligent design.

The Boring Company

Venture Round in 2019
The Boring Company is an infrastructure and tunnel construction company focused on developing underground transportation networks. It designs and builds tunnel systems to alleviate urban traffic, offering safe, fast, and cost-efficient routes for transportation, utilities, and freight, with the aim of reducing surface congestion and expanding mobility options.

Luminous Computing

Seed Round in 2019
Founded in 2018, Luminous Computing specializes in developing photonics chips tailored for artificial intelligence workloads. Their flagship product is an AI training and inference chip that packs the power of supercomputers into a single unit, mitigating traditional processing bottlenecks.

SpaceX

Funding Round in 2019
Founded in 2002, SpaceX designs, manufactures, and launches advanced rockets and spacecraft. Its notable projects include Falcon Heavy, Dragon, Starship, and human spaceflight initiatives.
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