Snowcap Compute raises $23M in seed funding led by Pat Gelsinger to develop energy-efficient superconducting AI chips.
Amount Raised
$23 Million
Round Type
Seed
Redwood CityManufacturingArtificial IntelligenceInvestors
Description
Snowcap Compute, a semiconductor startup, has completed a $23 million seed round. The funding is led by former Intel CEO Pat Gelsinger and backed by Playground Global, Cambium Capital, and Vsquared Ventures. The startup aims to create high-performance computing platforms with significantly lower power requirements. Their superconducting architecture promises to deliver 25 times better performance per watt compared to existing AI systems.
Quick answer
Snowcap Compute raised $23 Million in a Seed round, dated February 20, 2026. Investors: Playground Global, Cambium Capital, Vsquared Ventures and Pat Gelsinger. Snowcap Compute is based in Redwood City, California, United States.
- How much did Snowcap Compute raise?
- Snowcap Compute raised $23 Million in a Seed round on February 20, 2026.
- Who invested in Snowcap Compute?
- Playground Global, Cambium Capital, Vsquared Ventures and Pat Gelsinger are named as investors in this round.
- What does Snowcap Compute do?
- Snowcap Compute is a startup focused on developing artificial intelligence computing chips using superconducting technology.
- Where is Snowcap Compute based and how big is it?
- Snowcap Compute is based in Redwood City, California, United States. Fundz records about 7 employees.
- Who are the decision-makers at Snowcap Compute?
- Fundz holds 1 contact at Snowcap Compute, including the Chief Scientist. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Artificial Intelligence around the same time
Companies in the same sectors as Snowcap Compute that raised within 45 days of this round, from Fundz verified event records.
- CarbonSix raised $40M (Series A) on April 2, 2026.
- FiEE, Inc. raised $2M on March 31, 2026.
- Rebellions raised $400M (Funding Round) on March 30, 2026.
- IQM Quantum Computers Plc raised $58M (Funding Round) on March 30, 2026.
- Circle8 Group Inc raised $5.6M (Post-IPO Equity) on March 26, 2026.
- RoboForce raised $52M (Series A) on March 16, 2026.
Who to call at Snowcap Compute, and when
A new round usually means Snowcap Compute is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Snowcap Compute raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Snowcap Compute, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Snowcap Compute. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Snowcap Compute raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Snowcap Compute raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.