Panthalassa, which aims to power floating data centers using energy generated by ocean waves, raised $140M led by Peter Thiel, source says at a $1B valuation
Financial Times Tim Bradshaw
Related Coverage
- Panthalassa Raises $140 Million to Power AI at Sea Panthalassa
- Portland ocean energy startup raises $140M from billionaire Peter Thiel Portland Business Journal · Malia Spencer
- Panthalassa Raises $140M For Ocean AI Computing Push Ventureburn
- Daily on Energy: ‘Project Freedom,’ Rice's whales, and the DOJ takes on Minnesota Washington Examiner · Maydeen Merino
- Quietly raising one of the largest rounds in Portland startup history: Panthalassa $140M Series B Portland Oregon startups … · Rick Turoczy
- Data centers at sea: Oregon's Panthalassa nets $140M led by Peter Thiel for wave-powered AI GeekWire · Lisa Stiffler
- Peter Thiel Leads $140 Million Series B for Panthalassa's Ocean-Powered AI Infrastructure TheEnergyMag
Discussion
-
@brexton
@brexton
on x
No words outside of: unbelievably sick Also unrelatedly: I remember the days where John Doerr/KPCB were unfairly punished by LPs/markets for their aggressive bets in energy Maybe a reflection of the times back then (software ruled everything), but who's laughing now :)
-
@jaykapoornyc
Jay Kapoor
on x
You're not supposed to publicly pick favorites as an investor, so I'll just say this is one of our *coolest* investments @VSCVentures Been so awesome to see @garthsc and team lay out a big vision & methodologically crush every milestone. Congrats on the Series B @_panthalassa
-
@tracydinunzio
Tracy DiNunzio
on x
I promise you we are just getting started. Watch this space. ( And watch this video - our creative team is awesome )
-
@willob
Will O'Brien
on x
Called it. The ocean is about to witness a technological renaissance. The Great Blue Frontier will never be the same again. Congrats Panthalassa. They rock.
-
@tim
Tim Bradshaw
on x
Panthalassa's “nodes” bob up and down in the waves to generate electricity to power the GPUs and beam AI workloads via Starlink [image]
-
@garthsc
Garth Sheldon-Coulson
on x
Today we're announcing @_panthalassa's $140M Series B, led by Peter Thiel, with participation from John Doerr and many other incredible investors. The mission: unlock the ocean as another planetary-scale energy resource for humanity. First stop: compute. [video]
-
@tim
Tim Bradshaw
on x
Been itching to write this one for months... Peter Thiel is leading a $140m funding for @_panthalassa - a startup putting AI chips out to sea in giant 85m-tall floating data centres [image]