About Snowpoint Ventures
Snowpoint Ventures is a venture capital firm founded in 2021. It is primarily based out of Palm Beach, United States. As of May 2026, Snowpoint Ventures is an active investor, having invested in 4 companies, with 2 new investments in the last 12 months. It primarily invests in Series E round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Aerospace, Maritime and Defense Tech and Industrial Goods and Manufacturing. Most recently it participated in the $***** Series E round of Astranis Overall, Snowpoint Ventures portfolio has seen 3 unicorns, namely Shield AI, Astranis and Gecko Robotics. A lot of funds co-invest with Snowpoint Ventures, with names like Riot sharing a substantial percentage of its portfolio. Snowpoint Ventures has team of 7 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series E, Series A & 1 more
Portfolio Unicorns
Snowpoint Ventures' List of All Investments
Snowpoint Ventures has a portfolio of 4 companies, including 3 unicorns. Their most notable investments are in Valar Atomics and Astranis.Their portfolio spans across and United States. They have invested in High Tech, Aerospace, Maritime and Defense Tech, Industrial Goods and Manufacturing and 3 other sectors, across stages such as Series E, Series A and 1 more. Here is the list of all investments by Snowpoint Ventures:
1. Shield AI
Developer of AI-powered platforms and software for defense applications. The company provides solutions for mission autonomy, surveillance, and object detection. Its offerings include autonomous pilot software, command and control toolkits, and autonomy development platforms. It also manufactures unmanned aircraft for intelligence, surveillance, and reconnaissance missions.
Key facts about Shield AI
- Founded Year: 2015
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $3.52B
- Employee Count: 1,530 as on Apr 30, 2026
- Investors: Disruptive, Hercules Capital and 37 Others
- Latest Funding Round: Series G, Mar 26, 2026, $*****
- Highlight: Editors' Pick
2. Astranis
Developer of satellite-based communication services. It provides users with a platform that develops small-sized, low-cost telecommunication satellites in the geostationary orbit and in a fixed location. It can provide internet connectivity as soon as the satellite is launched to rural areas and indigenous communities.
Key facts about Astranis
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.05B
- Employee Count: 520 as on Apr 30, 2026
- Investors: Fidelity Investments, TriplePoint Capital and 59 Others
- Latest Funding Round: Series E, May 06, 2026, $*****
- Highlight: Editors' Pick
AI and robotics for infrastructure inspection, maintenance, and operational excellence. This company delivers a software platform powered by artificial intelligence to transform how critical infrastructure is built, operated, and maintained. They utilize robots that climb, crawl, swim, and fly, along with fixed sensors, to gather data on the physical world. This data is then combined with the predictive capabilities of AI to provide a single source of truth. Their solution empowers teams to improve operations, optimize capital outlay, and extend asset life across industries like energy, manufacturing, defense, steel, mining, and pulp & paper. The company offers solutions for asset management, predictive maintenance, and digital transformation, enabling confident decision-making at scale. They provide a cloud-based platform that delivers actionable insights for both immediate and long-term planning.
Key facts about Gecko Robotics
- Founded Year: 2013
- Location: Pittsburgh (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $354M
- Employee Count: 313 as on Mar 31, 2026
- Investors: Edvest Traders, MacDonald Ventures and 32 Others
- Latest Funding Round: Series D, May 15, 2025, $*****
- Highlight: Editors' Pick
Key facts about Valar Atomics
- Founded Year: 2023
- Location: El Segundo (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $489M
- Employee Count: 102 as on Apr 30, 2026
- Investors: Day One Ventures, Riot and 10 Others
- Latest Funding Round: Series B, Apr 01, 2026, $*****
Snowpoint Ventures' Year-on-Year Investment Trends
Snowpoint Ventures has invested in 4 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. In 2025, it made 1 investment, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Astranis and most recent follow-on round was in Shield AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 2 | 1 | 3 |
Snowpoint Ventures' Investments by Stage
Snowpoint Ventures has made 2 investments in Series E stage with an average round size of $195M, 1 investment in Series A stage with an average round size of $130M and 1 investment in Series C stage with an average round size of $73M.Stage of entry | No. of Investments |
|---|---|
Series E | 2 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Snowpoint Ventures' Investments by Sector
Snowpoint Ventures has a diverse portfolio, with companies operating in the High Tech, Aerospace, Maritime and Defense Tech, Energy, Enterprise Applications and Environment. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Tech companies, 3 Tech hardware companies and at least 1 company focusing on AI-Native.Sector | No. of Investments |
|---|---|
High Tech | 4 |
Aerospace, Maritime and Defense Tech | 2 |
Energy | 1 |
Enterprise Applications | 1 |
Environment | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Snowpoint Ventures' Investments by Geography
Snowpoint Ventures has made most investments in United States (4).Snowpoint Ventures' recent investments
Snowpoint Ventures has made 2 investments in 2026 so far - Astranis and Shield AI.Here are the most recent investments by Snowpoint Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 06, 2026 | United States | Series E | 9295 | ||
Mar 26, 2026 | United States | Series G | 3865 | [+6] | |
Nov 10, 2025 | United States | Series A | 3394 | [+4] | |
Sep 13, 2023 | United States | Series F | 2919 | ||
Jun 09, 2022 | United States | Conventional Debt | 8655 | [+6] |
Unicorns in Snowpoint Ventures' Portfolio
Snowpoint Ventures has 3 unicorns in its portfolio - Gecko Robotics, Shield AI and Astranis. The most recent unicorn in their portfolio is Gecko Robotics. It became a unicorn in 2025, 3 years after Snowpoint Ventures first invested in it.Here is a list of unicorns in Snowpoint Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | AI and robotics for infrastructure inspection, maintenance, and operational excellence | 2013 | Pittsburgh | Series D | sizdy{s | ||
68 | Developer of AI-powered platforms and software for defense applications | 2015 | San Diego | Series G | rfyxleg | ||
66 | Developer of satellite-based communication services | 2015 | San Francisco | Series E | mxzrrjh |
Team profile of Snowpoint Ventures
Snowpoint Ventures has a team of 7 members including 2 Partners and 2 Principals located in United States. Snowpoint Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Snowpoint Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | West Palm Beach | - | - | |
Partner | United States | - | ||
Principal | San Francisco | - | ||
Principal | West Palm Beach | - | - |
Co-investors of Snowpoint Ventures
Over the past 4 years, 81 investors have co-invested in Snowpoint Ventures's portfolio companies. This includes funds and angels.
- Invested before Snowpoint Ventures: Andreessen Horowitz, Y Combinator and 47 others have invested in rounds before Snowpoint Ventures. There are 2 companies where Andreessen Horowitz has invested before Snowpoint Ventures and 2 companies where Y Combinator has invested before Snowpoint Ventures.
- Top Co-investors of Snowpoint Ventures: 16 investors entered a company along with Snowpoint Ventures. These include investors like Riot (1 company).
- Invested after Snowpoint Ventures: A total of 16 investors have invested in Snowpoint Ventures's portfolio after their investments. Top Investors include Usitfund (2 companies), Hercules Capital (1 company) and Thomas Tull (1 company).
Recent News related to Snowpoint Ventures
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Astranis Raises $450 million to Meet Surging Demand for Advanced High-Orbit SpacecraftSpaceWatch.Global•May 07, 2026•Astranis, Snowpoint Ventures, Franklin Templeton India, Trinity Capital and 1 other
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Astranis Raises $300M Series E FundingPayload•May 06, 2026•Snowpoint Ventures, Franklin Templeton Investments, Astranis
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Shield AI Hits $12.7B Valuation, Buys Defense Biz AechelonLaw360•Mar 26, 2026•Aechelon Technology, Shield AI, , Sagewind Capital and 9 others
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Nuclear Startup Backed by Luckey, Lockheed Raises $130 MillionFinancial Post•Nov 10, 2025•Valar Atomics, Anduril, Palantir, Lockheed Martin and 3 others
