Snowcap
The Future of Performance Starts Below Zero
Palo Alto, United States · $23.0M raised
- Headquarters
- Palo Alto, California
- Employees
- 11–50
- Business Model
- B2B
- Website
- snowcapcompute.com
- Total Funding
- $23.0M
- Last Round
- $23.0M SeedJun 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Snowcap Compute is building the world's first commercial superconducting computing platform, designed to operate at 4.5 Kelvin and deliver orders-of-magnitude efficiency improvements over conventional CMOS semiconductors. Founded by Silicon Valley veterans and world-class physicists, Snowcap targets AI, HPC, and quantum computing workloads that are hitting the performance limits of silicon. The company launched out of stealth in June 2025 with a $23M seed round led by Playground Global, with former Intel CEO Pat Gelsinger joining as a board member.
Summary
Snowcap is an Artificial Intelligence company based in Palo Alto, United States. It has raised $23.0M in total across 1 round, most recently a $23.0M Seed round in Jun 2025. Investors include Playground Global, Cambium Capital and Vsquared Ventures.
Tech & App Stack
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Funding History
Jun 2025
Investors
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