Panthalassa, headquartered in US, remains privately held in the energy space. The latest valuation stands at $1B. No public ticker exists for the company.
1 valuation. The latest, $1B implied, was set by the Series B in May 2026.
Panthalassa develops autonomous floating nodes that sit in the open ocean and convert wave motion into continuous electricity, aiming to power AI computing at sea. Each node is a spherical, solid-state structure roughly 50 meters in diameter with a neck extending 60-70 meters below the surface; wave motion pumps water through a single turbine to generate power up to 90% of the time.
Founded in 2016 and based in the United States, Panthalassa was started by Garth Sheldon-Coulson and Brian Moffat and has grown to 120 employees drawn from aerospace, software, naval architecture, manufacturing, research institutions, and the military.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Panthalassa.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Panthalassa availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Panthalassa included.
The routes section explains what is realistically available for a company at this stage.
No. Panthalassa is a private company; its shares do not trade on a public exchange.
The last valuation is $1B.
Lead investors for each round are in the funding timeline.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
