Panthalassa
PrivateLast Round
Series B
May 4, 2026
Est. Valuation
$1B
Total Funding Raised
$193M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Panthalassa is a renewable energy and ocean technology company that develops and deploys autonomous floating nodes that convert wave motion into continuous electricity for applications like AI computing at sea and clean fuel production.
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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Panthalassa Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Panthalassa Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | May 4, 2026 | ||||
| VC Round | May 21, 2025 | ||||
| VC Round | Sep 13, 2024 | ||||
| Series A | Aug 24, 2024 |
Secondary Market Activity
Bids, offers, and trades by month
| Operation | Date | Price | Size | Share Class | Structure |
|---|---|---|---|---|---|
OFFER | |||||
OFFER | |||||
OFFER |
Panthalassa Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Valor | Series A |
| SciFi Ventures | Series B |
| TIME Ventures | Series B |
| TIME Ventures | Series B |
| Gigascale Capital | VC Round, Series A, Series B |
| Planetary Venture Capital | Series B |
| Susquehanna Sustainable Investments | Series 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.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Panthalassa's valuation, stock price, and market status.