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Overview
Panthalassa designs autonomous, floating energy nodes that harvest power from open-ocean waves. Each node is a solid sphere about 50 meters in diameter with a neck extending 60–70 meters below the surface; wave motion pumps seawater into a pressurized reservoir and drives electricity through a single turbine for onboard use. The system emphasizes a simple, rugged solid‑state design and offshore, autonomous operation, with modular, marine-based energy generation aimed at a high capacity factor (up to 90%). Its goal is reliable, ocean-based power for on-site applications and scalable sea-based energy infrastructure for clean power and fuels, supported by funding from investors like Founders Fund, Gigascale Capital, and Lowercarbon Capital.
About Panthalassa
Industries
Data & Analytics
Robotics & Automation
Energy
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$218.1M
Headquarters
Portland, Oregon
Founded
2016
Simplify's Take
What believers are saying
- Onboard compute addresses AI data-center grid and siting constraints.
- Pilot manufacturing near Portland supports faster prototyping and deployment.
- Fleet architecture enables modular scaling into a single data-center network.
What critics are saying
- Satellite backhaul constrains latency, bandwidth, and workload suitability.
- Hurricanes, salt spray, and constant motion threaten offshore hardware reliability.
- Commercial systems are planned for 2027, leaving execution risk before revenue.
What makes Panthalassa unique
- Autonomous ocean nodes generate power onboard, avoiding land transmission losses.
- Garth Sheldon-Coulson brings AI research experience; Brian Moffat brings ocean-energy expertise.
- Panthalassa combines renewable power, embedded compute, storage, and satellite connectivity.
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Funding
Total Funding
$218.1M
Above
Industry Average
Funded Over
3 Rounds
Founders FundIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Flexible Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Relocation Assistance
Growth & Insights
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -4%Panthalassa is Hiring for 46 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Panthalassa
Industries
Data & Analytics
Robotics & Automation
Energy
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$218.1M
Headquarters
Portland, Oregon
Founded
2016
Panthalassa is Hiring for 46 Jobs on Simplify!
Find jobs on Simplify and start your career today