Startup profile

Panthalassa

Series BPortland, Oregon, United States$140M raised

Open roles0
Total raised$140M
Team size51-200
Founded · StageSeries B

We pull jobs from sources most job seekers never check

Email icon

Get Real-Time Job Alerts For Free

Jobs updated every minute. Get notified for free when new roles matching your interests go live.

No categories available

About the company

What they build and who they serve.

Panthalassa is a Portland, Oregon-based public benefit corporation building autonomous, floating ocean nodes that capture wave energy to generate clean electricity and run AI inference computing onboard. Mass-produced from plate steel, the nodes operate far from shore in the planet's most energy-dense wave regions and transmit AI inference tokens back to land via low-Earth-orbit satellites. The platform aims to expand AI compute capacity without the grid, water, and permitting constraints of land-based data centers.

Team & contacts

Key people at the company—reach out on LinkedIn or email.

Why it matters

Signals from funding, traction, and product direction.

  • Series B priced at a $1B valuation, vaulting Panthalassa to unicorn status (per Axios Pro Rata and the Financial Times).
  • Star-studded cap table: Peter Thiel led, joined by John Doerr, Marc Benioff (TIME Ventures), Max Levchin (SciFi Ventures), Figma's Dylan Field, and Australian billionaire Anthony Pratt.
  • Strategic investors include Super Micro Computer (AI server maker) and Hanwha Group (Korean industrial conglomerate), signaling supply-chain and industrial-deployment alignment.
  • Funds will complete a pilot manufacturing facility near Portland, Oregon and deploy the Ocean-3 node series in the northern Pacific in 2026, with commercial deployments targeted for 2027.

Funding history

Rounds and investors over time, newest first.

  1. Series B

    $140M
    Gigascale CapitalLowercarbon CapitalUnless PartnersSusquehanna Sustainable InvestmentsDylan FieldPeter Thiel · LeadFounders FundHanwhaWovenEarth VenturesFortescueJohn DoerrPortland Seed FundResilience ReserveFuture PositiveSozo VenturesLeblon CapitalTime VenturesNimble PartnersSciFi VenturesAnthony PrattWTISuper Micro ComputerPlanetary VCIntrepid Oregon Fund

In the news

Press, announcements, and coverage about this company.

Investors

Gigascale CapitalLowercarbon CapitalUnless PartnersSusquehanna Sustainable InvestmentsDylan FieldPeter ThielFounders FundHanwhaWovenEarth VenturesFortescueJohn DoerrPortland Seed FundResilience ReserveFuture PositiveSozo VenturesLeblon CapitalTime VenturesNimble PartnersSciFi VenturesAnthony PrattWTISuper Micro ComputerPlanetary VCIntrepid Oregon Fund

Focus areas

UnicornAI/MLCleantechRenewable Energy
Email alerts

Don’t get beat to tomorrow’s openings

New roles go live every minute and the earliest applicants win. Get the freshest, verified listings delivered straight to your inbox before most job seekers ever see them.

👉 Get free daily job posts