SNØCAP Deeptech Venture Fund Grant

About this grant

SNØCAP is a deeptech venture capital firm, founded in 2023 and run by engineers, that invests in companies building the materials, molecules, and machines that power modern industry. The page describes equity venture investment rather than a grant programme. The firm backs startups that are commercialising intellectual property they own or license, typically developed through years of academic research or self-funded work. The firm looks for companies whose products are immediately cheaper or dramatically more effective than what they replace, that lower the cost of doing business for their business customers, and that reduce pollution from their customers' operations. It also values existing corporate interest in the technology, ranging from written support to purchase orders, and businesses that could use engineering and scientist support to estimate market value, academic partnerships, cheap field trials, or grant application help. Applications are made through an 'Apply for funding' route, and the team says it reviews new opportunities weekly. The page does not state investment sizes, application stages, or a formal deadline. The firm works with university fellowship programmes, the Sweet Farm incubator, the 9Zero community, the Envest investor coalition, and climate non-profits.

Eligibility

Startups commercialising IP they own or license, with corporate interest in their technology, that are raising their first round of institutional capital outside grants and other non-dilutive funding. The focus is deeptech companies building materials, molecules, and machines. The page does not state geographic restrictions, organisation type limits beyond startups, or prior-recipient rules.

How it's scored

The page does not describe a formal scoring system, weightings, or panel composition. It lists the qualities the firm seeks: cost or effectiveness advantage over incumbents, reduced customer costs, reduced pollution, owned or licensed IP from academic or self-funded research, evidence of corporate interest, and readiness for institutional capital.

Key requirements

• ✓Commercializing academic or indigenous IP in materials, molecules, or machines
• ✓Early corporate interest or validation from industrial customers
• ✓Products that reduce cost or pollution for industrial applications
• ✓Pre-seed or seed stage company

Recent past awardees

Knowing who's won the last rounds tells you whether you're in the strike zone.

• Applied Bioplastics
• BioWraptor
• Bloom
• CoolAmps
• Grain Ecosystem
• LazeraH
• Mothership Materials
• Nanomox

Frequently asked questions

Who can apply for SNØCAP Deeptech Venture Fund?

Eligibility covers organisations in GLOBAL; startup, sme. See the eligibility criteria above for the full conditions.

Relevant sectors

About this sector

Low-carbon materials funding covers cement, concrete, steel, chemicals, timber and novel building materials with lower embodied carbon. It ranges from research grants to demonstration plants and public procurement that specifies lower-carbon products. Calls often ask for lifecycle assessment, product testing against standards and interest from buyers in construction or manufacturing.