Snowcap Compute

Quantum Science & Computing · Higher Education
$23Mlatest round · Venture round · Jun 2025 · 16 mo ago
1backers · Playground
11team · US Form 5500 (plan participants) · Dec 2025
2025founded

Overview

Discover Snowcap, the world’s first commercial superconducting computing platform. Unleashing breakthrough efficiency and power at 4.5 Kelvin, Snowcap is redefining what’s possible in AI and data center performance.

Funding and backers

Total raised
$23M
1 round on record
Latest round
$23M
Venture round · Jun 2025 · 16 mo ago
Team
11
US Form 5500 (plan participants) · Dec 2025
Backers
1
Playground
The money's age
Due for its next round
16 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jun 13, 2025 Raised a round Venture round $23M · SEC Form D 2025 Founded
Funding rounds
RoundDateAmountInvestorsSource
Venture round Jun 2025 $23M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Snowcap Compute Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Anna HerrExecutive OfficerSEC Form D
Quentin HerrExecutive OfficerSEC Form D
Michael LaffertyExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials

Total raised
$23M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
Round Announced Amount
Venture - Series Unknown 2025 $23M Details

People

Anna Herr
Executive Officer
Quentin Herr
Executive Officer
Michael Lafferty
Executive Officer, Director
Richard Hyman
Director
Pat Gelsinger
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors1
PlaygroundVia a fund
47 portfolio companies: Virta Health, xLight, XRlabs and 44 more

News

News SiliconANGLE 1 year ago
Superconducting chip startup Snowcap Compute reels in $23M
Superconducting chip startup Snowcap Compute reels in $23M - SiliconANGLE
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News YahooFinance 1 year ago
Snowcap Compute Launches with $23 Million Led by Playground Global to Power the Next Era of AI and Quantum Compute
PALO ALTO, Calif., June 23, 2025--Snowcap Compute, a startup building the first commercially viable superconducting compute platform, today launched with $23 million in seed funding led by Playground Global. Engineered for extreme performance and energy e
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News YahooFinance 1 year ago
Snowcap Compute raises $23 million for superconducting AI chips
SAN FRANCISCO (Reuters) -Snowcap Compute, a startup working on building artificial intelligence computing chips using superconducting technology, on Monday raised $23 million and said that the former CEO of Intel will join its board. Snowcap aims to build
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Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
San Francisco United States
HQ
50-200 est. staff