Panthalassa

Portland, United States Founded: 2016 • Age: 10 yrs
Company generating energy from the open ocean
Annual revenue - Latest available
Total funding $158.1M 2 rounds
Employees - Tracked headcount
Investors 13 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Panthalassa

Panthalassa is a company based in Portland (United States) founded in 2016 by Brian Moffat and Garth Sheldon-Coulson. Panthalassa has raised $158.12 million across 2 funding rounds from investors including Peter Thiel, TimeVentures and SciFi VC. Panthalassa offers products and services including Renewable Energy and Renewable Fuels.

  • Headquarter Portland, United States
  • Founders Brian Moffat, Garth Sheldon-Coulson
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Panthalassa Public Benefit Corporation
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $158.12 M (USD)

    in 2 rounds

  • Latest Funding Round
    $140 M (USD), Series B

    May 04, 2026

  • Investors
    TimeVentures

    & 12 more

  • Employee Count
    Not available
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Products & Services of Panthalassa

Panthalassa offers a comprehensive portfolio of products and services, including Renewable Energy and Renewable Fuels.

Product name locked
Category locked
Primary

Renewable energy is produced from ocean resources for clean compute and other applications.

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Renewable fuels are developed and supplied from ocean-based platforms for global distribution.

People of Panthalassa

Headcount 50-200
Employee Profiles 41
Employee Profiles
People
John Dincher
Logistics Manager
People
Grzegorz Filip
Director Of Fluid Dynamics
People
Duane vander Werf
Senior CAD Solution Architect
People
Alexander Chally
Principal Prototype Engineer And Shop Manager At Panthalassa

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Funding Insights of Panthalassa

Panthalassa has successfully raised a total of $158.12M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $140 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Panthalassa

Panthalassa has secured backing from 13 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Peter Thiel, TimeVentures and SciFi VC.

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Institutional
Angel
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Investor details for Panthalassa

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Investments & Acquisitions by Panthalassa

Investments
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Investment portfolio details for Panthalassa

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Financial Statements - Panthalassa

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Detailed financials for Panthalassa

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Panthalassa Comparisons

Panthalassa Primary company
Description
Company generating energy from the open ocean
Location
Portland, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Panthalassa

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Competitors of Panthalassa

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Detailed competitors of Panthalassa

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Latest news on Panthalassa

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Complete news archive for Panthalassa

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Frequently Asked Questions about Panthalassa

Panthalassa was founded in 2016 and raised its 1st funding round 8 years after it was founded.

Panthalassa is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

Garth Sheldon-Coulson is the current CEO of Panthalassa. They have also founded this company.

Panthalassa is a funded company, having raised a total of $158.12M across 2 funding rounds to date.

Panthalassa was founded in 2016 in Portland, United States, within the renewable energy sector. Autonomous floating platforms are built and operated by the company to capture ocean energy in harsh marine environments. This energy is converted into green hydrogen and other clean fuels, providing renewable sources without reliance on land resources. Operations focus on global clean energy supply through continuous offshore generation.

Panthalassa offers Renewable Energy and Renewable Fuels.

Panthalassa has 13 investors. Key investors include Peter Thiel, TimeVentures, SciFi VC, Susquehanna International Group, and Hanwha.

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