Panthalassa

Panthalassa

Private
Portland, OregonEnergy & Sustainabilityhttps://www.panthalassa.com

Last Round

Series B

May 4, 2026

Est. Valuation

$1B

Total Funding Raised

$193M

Momentum Score

25 /100

Company Overview

Panthalassa is a renewable energy and ocean technology company that specializes in developing and deploying innovative solutions to harness ocean energy for producing green hydrogen and other clean fuels, providing sustainable energy at a lower cost.

Sector

Energy & Sustainability

Verticals

Cloud Infrastructure, Alternative Fuels, Renewable Energy

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Application

Keywords

wave energywave energy conversionoffshore power generationautonomous nodesat-sea data centersfloating data centersrenewable fuel productiongreen hydrogenmarine energyocean coolingpower purchase agreementsPPAoff-grid energywave energy buoys

Historical Pricing

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Caplight Momentum Score

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Panthalassa Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Panthalassa Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMay 4, 2026
VC RoundMay 21, 2025
VC RoundSep 13, 2024
Series AAug 24, 2024

Key People

Founding team and executive leadership

Garth Sheldon-Coulson

Co-Founder CEO

Founding Team

Panthalassa Investors

Notable investors and investment history

InvestorRounds
ValorSeries A
SciFi VenturesSeries B
TIME VenturesSeries B
TIME VenturesSeries B
Gigascale CapitalVC Round, Series A, Series B
Planetary Venture CapitalSeries B
Susquehanna Sustainable InvestmentsSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 4, 2026

    $140M round led by Peter Thiel

  • Mar 1, 2026

    Node technology is in operation and deploying in the Pacific Northwest.

Panthalassa Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Panthalassa Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Panthalassa's valuation, stock price, and market status.

Firmographic Details

HeadquartersPortland, Oregon
Employee Range103
Year Founded2021
Last FundingMay 4, 2026

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