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
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Discussion
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@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 :)
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@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]
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@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
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@ramez
Ramez Naam
on x
I'm delighted to be a small part of this. The oceans are an incredible untapped resource for energy that can power AI. The most intense wave energy is thousands of miles from human settlements, but can power floating data centers at incredibly low cost and high availability. I'm
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@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 )
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@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.
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@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]
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@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]
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r/technology
r
on reddit
Peter Thiel backs $1bn ocean data centre start-up powered by waves