Peter Thiel-Backed Startup Panthalassa Raises $140M for Ocean-Powered Compute System
Panthalassa, a Peter Thiel-backed startup focused on ocean-powered computing technology, has raised $140 million in funding. The round was led by Thiel and included investors such as John Doerr and Marc Benioff's TIME Ventures. Funds will support the completion of Panthalassa’s pilot manufacturing facility near Portland.
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