Stephen Oskoui co-founded Gigafund with Luke Nosek after working together at Founders Fund, where they positioned themselves as "Elon's investors" by repeatedly backing Musk-led companies like SpaceX, The Boring Company, and Neuralink with concentrated, multi-stage capital. He backs what he calls "Gigascale Founders"—first-principles builders with multi-decade ambitions who tackle extremely hard, full-stack problems like atomically precise manufacturing or reimagining insurance, filtering investments through this distinctive lens rather than conventional founder-market fit.
About their Fund
Sectors
Space, Transportation, Biotech, AI, Deeptech / Hardware
Rounds
Seed - Series A
Avg Check Size
$1M - $5M
Notable Investments
Gigafund is co-founded by PayPal and Founders Fund insiders who have backed Elon Musk's companies for over 20 years, giving them unusually deep access to Musk ventures and having invested over $1 billion into SpaceX alone since 2017. They run an extremely concentrated, multi-decade strategy focused on a handful of capital-intensive, physical-world technology companies like reusable rockets, brain-computer interfaces, and nuclear micro-reactors rather than typical software investments.
Other partners at the fund
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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