Snowflake: Powering the next generation of startups

Through the newly-launched Powered by Snowflake Funding Program, up to US$100 million is being invested in startups building Snowflake Native Apps

Snowflake is putting its money where its mouth is when it comes to supporting the next generation of early-stage startups. 

Through the newly-launched Powered by Snowflake Funding Program, the tech giant is pouring up to US$100 million into startups building Snowflake Native Apps

The scheme features a host of leading venture capital firms, while AWS is fueling further growth and innovation by providing US$1m in free Snowflake credits on its platform over four years. 

“A new way to deploy enterprise applications is emerging as companies look to bring their apps and application code closer to their data,” comments Stefan Williams, VP Corporate Development and Snowflake Ventures at Snowflake.

“Innovative enhancements in AI enabled through Snowpark, the Snowflake Native App Framework, and Snowflake’s industry leading data privacy, security and governance, make it easier than ever for startups to build, deploy, and monetise enterprise apps.

“With our venture capital partners and AWS, the Powered by Snowflake Funding Program will accelerate this new era of software development.”

Snowflake’s capabilities give startups a leg-up

Startups and apps being ‘Powered by Snowflake’ stand to benefit from the speed, scale, performance and ease-of-use of Snowflake’s platform, resulting in accelerated time-to-market, improved operational efficiency and a more seamless customer experience. 

With the Snowflake Native App Framework, generally available soon on AWS, developers can build, market, monetise and distribute an app to customers across the Snowflake Data Cloud ecosystem via Snowflake Marketplace – all from within the organisation’s secure and governed platform. 

Secure data collaboration techniques allow companies building apps on Snowflake to access more data, whether from partners, customers or data providers, to deliver enhanced insights which can act as a differentiator.

“As more startups build and scale innovative, data-intensive, AI-enriched apps, we want to offer them the resources they need to hit the market faster – and the Snowflake platform is a great example of that,” says Howard Wright, VP and Global Head of Startups at AWS. 

“AWS is thrilled to contribute to the Powered by Snowflake Funding Program and make it easier for builders to connect the dots between enterprises and their customers to deliver even better products and services.”

The Powered by Snowflake Funding Program features leading venture capital firms Altimeter Capital, Amplify Partners, Anthos Capital, Coatue, ICONIQ Growth, IVP, Madrona, Menlo Ventures, Redpoint Ventures and Snowflake Ventures


For more business insights, check out the latest edition of Business Chief US and Canada and be sure to follow us on LinkedIn and Twitter.

You may also be interested in the Business Chief UK & Europe website.


BizClik is a global provider of B2B digital media platforms that cover executive communities for CEOs, CFOs and CMOs, as well as leaders in Sustainability, Procurement & Supply Chain, Technology & AI, Cyber, FinTech & InsurTech. We also cover industries including Manufacturing, Mining, Energy, EV, Construction, Healthcare and Food & Drink.

BizClik, based in London, Dubai and New York, offers services such as content creation, advertising and sponsorship solutions, webinars and events.


Featured Articles

Amelia DeLuca, CSO at Delta Air Lines on Female Leadership

Driving decarbonisation at Delta Air Lines, Chief Sustainability Officer Amelia DeLuca discusses the rise of the CSO and value of more women in leadership

Liz Elting – Driving Equality & Building Billion-$ Business

Founder and CEO Liz Elting Turned Her Passion into Purpose and Created a Billion-Dollar Business While Fighting for Workplace Equality – and Winning

JPMorgan Chase: Committed to supporting the next generation

JPMorgan has unveiled a host of new and expanded philanthropic activities totalling US$3.5 million to support the development of apprenticeship programmes

How efficient digital ecosystems became business critical

Technology & AI

Mastercard: Supporting clients at a time of rapid evolution

Digital Strategy

Why Ceridian has boldly rebranded to Dayforce

Human Capital