Gigafund
Austin-based venture capital firm founded in 2017 making concentrated, multi-decade investments in founders building industry-creating companies, including SpaceX, Neuralink and Last Energy.
Gigafund is a venture capital firm founded in 2017 and headquartered in Austin, Texas, investing across geographies, sectors and stages. The firm's stated approach is concentrated: it deploys capital into a deliberately small number of companies it believes capable of creating or transforming industries, rather than building a broadly diversified portfolio. Its investment horizon is measured in decades - the firm assesses opportunities against whether a company could become one of the world's most significant businesses roughly 20 years from now.
Named portfolio companies illustrate the breadth of that mandate. They include SpaceX (aerospace and space transport), Neuralink (neurotechnology), The Boring Company (tunneling and infrastructure), Last Energy (nuclear energy), Sana Benefits (employee benefits) and Veryable (an on-demand labor and manufacturing marketplace). Six companies are publicly named in the portfolio.
Founders Luke Nosek and Stephen Oskoui lead the firm. Gigafund describes its underwriting as centred on first-principles problem solving by founders and on backing operators who intend to grow alongside their companies over the long term. The firm states a willingness to invest outside established categories and short-term trends, and to evaluate ambition on a multi-decade rather than a fund-cycle basis.