SNOCAP

The firm lists Shrina Kurani as Managing Partner, and Nate Salpeter and Jonathan Azoff as General Partners. The three have co-invested together in climate tech startups since 2015, before formalizing the vehicle in 2023. Venture partners Abigail Albright, Kate Kingen, and Kelci Zile support sourcing and diligence.

SNOCAP sources through university fellowship programs — starting with Yale in 2023 and expanding to Stanford, Skidmore, the University of Michigan, and the University of Washington — and through deep ties to non-profit accelerators. GP Nate Salpeter co-founded Sweet Farm, a climate and food-system accelerator, and the firm partners with 9Zero, a climate-founder community where GP Jonathan Azoff was an initial investor.

The firm describes itself as a deeptech venture capital firm investing directly in early-stage companies. It is a member of Envest, a global coalition of climate VC funds that shares insights and co-invests, but no public record confirms fund-of-fund commitments.

SNOCAP focuses on early-stage deeptech companies, often at the intersection of university research and startup formation. Its fellowship program and non-profit partnerships indicate a concentration on pre-seed and seed stages where technical risk is high and academic origination provides an edge.

GP Nate Salpeter co-founded Sweet Farm, a non-profit climate accelerator now in its tenth year, which feeds deal flow and climate-science expertise into SNOCAP. GP Jonathan Azoff was an early investor in 9Zero, a climate-founder community where SNOCAP maintains its primary office and is building a private funding program for lab access.

The firm is headquartered in Seattle, Washington, and its university partnerships span institutions across the United States — Yale, Stanford, Skidmore, Michigan, and Washington. Through Envest, it co-invests with a global coalition of climate-focused funds, but its direct sourcing is concentrated in US academic and non-profit networks.

The firm defines itself as deeptech and climate-aligned, which excludes consumer internet, enterprise SaaS without a hard-science or industrial component, and financial products. Its focus on energy transition, agriculture, sustainability, and frontier climate technologies suggests no appetite for adtech, gaming, or generalist consumer plays.