NewBuild Venture Capital joins Snowflake's Startup Accelerator Program
NewBuild is excited to join Snowflake’s Startup Accelerator as a partner venture firm to provide our portfolio companies expanded opportunities to work with Snowflake's best-in-class data platform.
Established in 2023, Snowflake's Startup Accelerator offers early-stage startups unparalleled growth opportunities through hands-on support, extensive ecosystem access, and resources. To further meet the needs of early-stage startups, Snowflake recently announced plans to invest $200 million in startups building industry-specific solutions and growing their businesses on the Snowflake AI Data Cloud. In conjunction, Amazon Web Services(AWS) has also committed to providing up to $1 million in free Snowflake credits on AWS over four years to support startups building on Snowflake’s platform.
Applications created through the Startup Accelerator program benefit from the ease, efficiency, scale, and performance of Snowflake’s platform, making for accelerated time to market, improved operational efficiency, and a seamless customer experience. As a participating venture firm, NewBuild's portfolio companies can access the Startup Accelerator program benefits including:
● Intensive technical support: Startups building products and services on Snowflake will receive technical support from Snowflake fordata and AI products and services and dedicated partner engineers who support application development on Snowflake.
● Go-to-market opportunities: Startups gain access to co-marketing opportunities, Snowflake sales teams, and VC Demo Days, equipping them with the resources to drive revenue from day one.
● Access to credits: AWS provides participants with free Snowflake credits to build, test, and launch their applications.
● Investment opportunities: Participants get access to VC and investment firms in the Snowflake Startup Accelerator program, unlocking potential investment opportunities. Outside of NewBuild, Bain Capital Ventures, Blackstone Innovations Investments, Bessemer Venture Partners, Capital One Ventures, General Catalyst, Greylock Partners, Hetz Ventures, Mayfield, NTTVC, Virtue, Altimeter Capital, Amplify Partners, Anthos Capital, Coatue, ICONIQ Growth, IVP, Madrona, Menlo Ventures, Redpoint Ventures, and Snowflake Ventures all support Snowflake's Startup Accelerator program.
Finally, our portfolio companies can also participate in the annual Snowflake Startup Challenge, a global competition supporting early-stage startups offering up to $1 million in investment opportunities for each year’s winner and top two finalists, along with exclusive mentorship from industry leaders. In 2024, nearly 1,000 early-stage startups from more than 100 countries applied for the Startup Challenge.
The 2025 Snowflake Startup Challenge, in partnership with the New York Stock Exchange (NYSE), invites startups to apply for consideration by March 1, 2025. Apply today.
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