Giant Step Capital is a Chicago-based venture capital firm founded in 2020 by Faraz Khan, specializing in early-stage investments (seed to Series B) in deep tech, hard tech, and frontier technologies that address humanity's biggest challenges, with a strong emphasis on aerospace, space exploration, robotics, energy, advanced materials, biotech/synbio, and climate tech.
The firm provides founders with capital, strategic mentorship, operational insights, and access to a global network, often co-investing alongside top-tier funds like Founders Fund, Lux Capital, a16z, Initialized Capital, and Breakthrough Energy Ventures.
With around 20 investments as of 2025, notable portfolio companies include space tech plays like Albedo and Astro Mechanica, defense-related Picogrid, robotics (e.g., past exit Bear Flag Robotics acquired by John Deere), and other frontier innovations, demonstrating a track record of backing high-impact, complex engineering-driven startups.