Panthalassa's $140M: Peter Thiel Bets on Ocean-Powered AI Compute
Panthalassa raised $140M Series B in May 2026, led by Peter Thiel, to power AI inference with ocean waves — a novel answer to AI's energy crunch.
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Panthalassa raised $140M Series B in May 2026, led by Peter Thiel, to power AI inference with ocean waves — a novel answer to AI's energy crunch.
Reserv raised $125M in May 2026 to scale its AI-driven claims-handling platform, part of the broader insurtech-meets-AI funding wave.
Sierra raised $950M at a $15B valuation in May 2026, led by Google Ventures and Tiger Global, as enterprises adopt AI agents for customer experience at scale.
Tessera Labs raised $60M in May 2026, led by Andreessen Horowitz, to build a vertical AI-native ERP platform for enterprises.
Blockchange Ventures backed Balcony’s $14M round to build blockchain infrastructure for the U.S. property records market.
Greycroft led Jesse & Ben’s $10M Series A clean-label food round and Recursive Superintelligence’s Series A, spanning consumer brands and AI.