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
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Panthalassa Public Benefit Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$158.12 M (USD)
in 2 rounds
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Latest Funding Round
$140 M (USD), Series B
May 04, 2026
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Investors
TimeVentures
& 12 more
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Employee Count
Employee Count
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Products & Services of Panthalassa
Panthalassa offers a comprehensive portfolio of products and services, including Renewable Energy and Renewable Fuels. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Renewable energy is produced from ocean resources for clean compute and other applications.
Renewable fuels are developed and supplied from ocean-based platforms for global distribution.
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $140.0M
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First Round
First Round
(28 Jun 2024)
- Investors Count 13
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Panthalassa
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Panthalassa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Panthalassa Comparisons
Competitors of Panthalassa
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Panthalassa
When was Panthalassa founded?
Panthalassa was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Panthalassa located?
Panthalassa is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of Panthalassa?
Garth Sheldon-Coulson is the current CEO of Panthalassa. They have also founded this company.
Is Panthalassa a funded company?
Panthalassa is a funded company, having raised a total of $158.12M across 2 funding rounds to date.
What does Panthalassa do?
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.
What products or services does Panthalassa offer?
Panthalassa offers Renewable Energy and Renewable Fuels.
Who are Panthalassa's investors?
Panthalassa has 13 investors. Key investors include Peter Thiel, TimeVentures, SciFi VC, Susquehanna International Group, and Hanwha.