How much funding has Panthalas raised?

Panthalas has raised $289.1M in total funding, most recently a Series B round.

Who are Panthalas's investors?

Panthalas's investors include Peter Thiel, Founders Fund, Unknown lead, Lowercarbon Capital, Unless, Gigascale Capital.

Where is Panthalas headquartered?

Panthalas is headquartered in Portland, Oregon, United States.

How many employees does Panthalas have?

Panthalas has 51-200 employees.

Panthalas

Q: What industry is Panthalas in?

Panthalas operates in Clean Energy, Cloud, Infrastructure, Artificial Intelligence, Climate Tech.

formerly Panthalassa

Panthalassa | Go where the energy is

Portland, United States · Founded 2016 · $289.1M raised

Clean Energy

Cloud

Infrastructure

Artificial Intelligence

Climate Tech

Headquarters: Portland, Oregon
Employees: 51–200
Founded: 2016
Business Model: B2B

Website: panthalassa.com
Total Funding: $289.1M
Last Round: $140.0M Series BMay 2026
Rounds: 5

About

Panthalassa is a Portland, Oregon-based public-benefit corporation building a planetary-scale clean energy platform that harnesses renewable wave energy from the open ocean to power AI computing and beyond. The company deploys autonomous, self-propelled ocean nodes that capture wave energy to generate clean electricity and run AI workloads offshore, transmitting data via low-latency satellite links. This approach expands energy and AI computing capacity without requiring new land-based data centers or power plants. Backed by Palantir co-founder Peter Thiel, Panthalassa raised $140M in a Series B round in May 2026.

Summary

Panthalas is a Clean Energy company based in Portland, United States, founded in 2016. It has raised $289.1M in total across 5 rounds, most recently a $140.0M Series B round in May 2026. Investors include Peter Thiel, Founders Fund and Unknown lead.

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