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SNØCAP VC

Seattle, WA · Invests in US · Website

Check size

$250K-$2M

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Pre-SeedSeedB2B SaaSHealthcare & BiotechClimate & EnergyHardware & DevicesFrontier TechManufacturingClimate & Clean EnergyManufacturing & IndustrialBiotech & Life Sciences

Thesis

SNØCAP backs companies building the materials, molecules, and machines that power modern industry. We love businesses that create efficiency gains, reduce costs, reduce emissions, own IP, have scientific roots, show corporate interest, need engineering support, leverage ecosystems, and are raising their first institutional round.

Likely not a fit for

No pure software plays, consumer apps, or technologies without a physical science component. We focus on hardtech/deeptech where technical risk is high but impact is transformational.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

6 contacts on file

SK

Shrina Kurani

Managing Partner · Primary contact

NS

Nate Salpeter

General Partner

JA

Jonathan Azoff

General Partner

AA

Abby Albright

Founding Venture Partner

KK

Kate Kingen

Founding Venture Partner

KZ

Kelci Zile

Venture Partner

Portfolio

Applied BioplasticsClimate Clean Energy

Applied Bioplastics supplies economically sustainable plant-based plastic alternatives. Our product variety delivers countless use cases, transforming plastic as we know it.

BloomConsumer Apps Social

Bloom hosts dinner gatherings with strangers for organic encounters, focusing on intimate social experiences.

CoolAmpsClimate Clean Energy

Cool Amps Corp. specializes in critical minerals recovery, focusing on converting hazardous battery scrap into valuable materials while reducing operational and financial risks for manufacturers.

Grain EcosystemClimate Clean Energy

Grain simplifies profitable decarbonization projects, focusing on biogenic/organic waste facilities and regenerative farming. We integrate waste-to-value solutions like biochar into supply chains, utilizing a digital-first platform.

Mothership MaterialsBiotech Life Sciences

Mothership Materials unlocks the feedstock price bottleneck in biomanufacturing by delivering non-food-competitive inputs priced for scale. Their patented modular technology operates at waste sources to recover critical molecules from industrial agriculture and food streams, starting with sugar for precision fermentation and cellulose for fibers.

NanomoxEcommerce Marketplaces
Reviv BioBiotech Life Sciences

RevivBio leverages protein engineering and advanced microfluidics to develop disrupting products in biosensor design, biologics discovery, and environmental remediation.

Sironix RenewablesClimate Clean Energy

Sironix Renewables develops eco-friendly surfactants from plants for cleaning and personal care products, focusing on sustainability and innovation.

SoFab InksClimate Clean Energy

Sofab develops and manufactures innovative nanoparticles with a core focus on solar perovskite solutions, providing high-quality nanoparticle products with cost advantages and enhanced process flexibility.

SparxellBiotech Life Sciences

Sparxell is a sustainable material science company that develops innovative colour solutions using 100% natural, biodegradable pigments inspired by the structural colours found in nature. Their technology eliminates the need for synthetic chemicals and heavy metals, making it suitable for various applications including cosmetics, fashion, packaging, and more.

TriMagnetixSemiconductors Hardware

TriMagnetix is at the forefront of nanomagnetic computing technology. Our patented nanomagnetic magnetic architecture enables unprecedented energy efficiency and performance in computing systems.

SNØCAP VC in the news

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Research briefRead more
SNØCAP VC Research Investment Thesis SNØCAP is a deeptech venture capital firm focused exclusively on companies building the materials, molecules, and machines that power modern industry. Founded in 2023 by engineers Shrina Kurani, Nate Salpeter, and Jonathan Azoff, the firm takes a highly technical approach to climate tech investing, seeking founders with deep scientific or engineering expertise. The firm believes that the most impactful climate solutions come from breakthrough innovations in physical technologies, not just software applications. They look for businesses that create efficiency gains, reduce costs for B2B customers, reduce emissions, own or license IP, have scientific roots, show corporate interest, need engineering support, can leverage ecosystems, and are raising their first institutional round. Sector Focus SNØCAP invests in three core areas: Materials : Advanced materials for industrial applications, sustainable manufacturing, and resource efficiency. Molecules : Chemical and biological solutions for climate challenges, including carbon capture, sustainable chemicals, biomanufacturing. Machines : Hardware and physical systems that enable climate solutions, including energy generation equipment, manufacturing systems, industrial automation. The firm explicitly avoids pure software plays, consumer apps, and technologies without a physical science component. Stage Focus Pre-seed : Companies with strong IP and technical foundations but limited commercial traction Seed : First institutional round for companies with proof-of-concept and initial customer interest Grants to VC transition : Helping companies move from non-dilutive grant funding to venture capital Check Size Estimated $250K-$2M, consistent with pre-seed/seed deeptech focus and being first institutional capital. Geographic Focus Headquartered in Seattle, WA at the 9Zero Climate Innovation Hub. Strong presence in San Francisco. Fellowship program spans Yale, Stanford, Skidmore, University of Michigan, and University of Washington. Portfolio Companies SNØCAP has 11 portfolio companies across materials, molecules, and machines: Applied Bioplastics (appliedbioplastics.com) - Waste, plastics, recycling Bloom (togetherwebloom.us) - Finance, logistics, manufacturing CoolAmps (coolamps.tech) - Energy, materials, recycling Grain Ecosystem (grainecosystem.com) - Finance, reporting Mothership Materials (mothershipmaterials.com) - Waste, food, recycling Nanomox (nanomox.com) - Waste, materials, recycling Reviv Bio (revivbio.com) - Research, agriculture, chemicals Sironix Renewables (sironixrenewables.com) - Chemicals, cosmetics SoFab Inks (sofabinks.com) - Energy, materials Sparxell (sparxell.com) - Materials, cosmetics TriMagnetix (trimagnetix.com) - Compute, energy, datacenters Ecosystem Partnerships Sweet Farm : Non-profit co-founded by GP Nate Salpeter, incubates food/ag/energy/materials startups 9Zero : Climate innovation community with hubs in SF and Seattle Envest : Global coalition of climate-focused VC funds Work on Climate : Strategic sponsor building climate workforce Climate Film Festival : GP Jonathan Azoff is inaugural sponsor Team Shrina Kurani, Managing Partner : Mechanical engineer, sustainability scientist. Formerly Better Ventures and Republic. Ran for US Congress on climate policy. Nate Salpeter, General Partner : Ph.D. Mechanical Engineer, 18 years in climate tech (TerraPower, Kairos Power). Co-founded Sweet Farm. Jonathan Azoff, General Partner : 20+ years software engineering. Exits to Zillow and Disney. Built Goat-2-Meeting (2M+ ARR), Omni (25M XRP). Former Carta engineering lead. Abigail Albright, Founding Venture Partner : Product leader, angel investor (35+ startups), co-founded spatial computing fund. Wharton MBA. Kate Kingen, Founding Venture Partner : Finance executive, $21bn transaction experience as investment banker. Kelci Zile, Venture Partner : Director of EnVest, formerly Madrona Venture Labs and AWS Marketplace sustainability. Lead Tendency Likely leads or co-leads as first-check investor in specialized deeptech thesis. Decision Process Partnership model with technical due diligence emphasis. Founder Preferences Deep technical expertise (Ph.D./engineering), academic research background, corporate interest/pilots, mission-driven on climate impact.

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