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Robot maker · early

Panthalassa

Corporate marketmarineenergyCurated record

Builds autonomous, free-floating wave-energy platforms ('nodes') mass-produced from plate steel that operate unmanned in energy-dense open-ocean wave regions, generating clean electricity around the clock and using it onboard to power AI inference chips, returning tokens to land via satellite. The company has developed the power generation, propulsion, autonomy and at-sea computing stack in-house over roughly a decade; Ocean-1, Ocean-2 and Wavehopper prototypes were deployed at sea in 2021 and 2024. Ocean-3 pilot nodes are planned for the northern Pacific in 2026, with commercial deployments targeted for 2027.

HeadquartersPortland, US
Founded2016
Corporate funding$140M
Team51-200
Deployments0
Open roles40
01

Company overview

Identity and operating footprint

Company typeRobot maker
Market segmentCorporate
StageSeries B
FoundersGarth Sheldon-Coulson (Co-founder & CEO)
Regions servedUS
Countries deployedNot listed
Service footprintNot listed
Last reviewed2026-07-05
MX

Robot models

Specifications remain vendor-claimed

Machinemarine

Ocean node (Ocean-1/Ocean-2/Ocean-3)

  • Autonomous floating node generating wave power around the clock and running onboard AI inference, with results sent to land by satellite

    Unmanned self-propelled ocean platform combining wave-energy conversion, seawater cooling and onboard compute

    Claim source
CA

Funding history

Publicly announced rounds

Investors on recordPeter ThielJohn DoerrTIME VenturesSciFi VenturesFortescue VenturesSozo Ventures
HR

Hiring signal

Public job board · 2026-07-13

Open roles40

Hiring is an operating signal, not deployment evidence. Roles are refreshed from the company’s public careers system.

TL

Company timeline

Milestones and announcements

2026-05-05Raised $140M Series B led by Peter Thiel to power AI at seaPR Newswire
2024-12-31Ocean-1, Ocean-2 and Wavehopper prototype nodes deployed at sea (2021 and 2024 campaigns)Pulse 2.0
SC

Source ledger

2 unique public sources