Tech Company Financing Transactions
Snowcap Compute Funding Round
On 6/23/2025, Snowcap Compute raised $23 million in Seed investment from Playground Global, Cambium Capital Partners and Vsquared Ventures.
Transaction Overview
Company Name
Announced On
6/23/2025
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Snowcap Compute is pioneering a new frontier in compute: superconducting technology that delivers orders-of-magnitude efficiency over semiconductors--using standard fabs and proven cryogenic systems. Founded by Silicon Valley veterans and world-class physicists, Snowcap's platform marks the first time superconducting is commercially competitive with CMOS.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Lafferty
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