# Panthalassa funding: rounds and investors > Panthalassa has raised $365M across 2 rounds since 2026. Investors include Peter Thiel, Hanwha Asset Management and 8090 Industries. Source: https://millionrounds.com/company/panthalassa (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Panthalassa* 2 rounds we have observed, with the 29 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Big Data & Analytics Cleantech Cloud Raised 3 months ago Funding summary Updated 26 Oct 2026 **$365M** raised across 2 rounds since 2026, from 4 sources **$140M** Growth **$225M** Growth - **Latest round:** Growth, $225M Aug 2026 - **Led by:** Hanwha Asset Management and 8090 Industries - **Step-up i:** 1.6× - **Investors:** 29 (3 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2027 **$140M** Growth **$225M** Growth - **First round:** Growth, $140M - **Biggest round:** $225M - **Between rounds:** 3 months ## The rounds - **Aug 2026** Growth **$225M** *2 new* [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) Lead [8090 Industries](https://millionrounds.com/fund/8090-industries) Lead Reported by TechStartups - **May 2026** Growth **$140M** *27 new* [Peter Thiel](https://millionrounds.com/fund/peter-thiel) Lead [Founders Fund](https://millionrounds.com/fund/founders-fund) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Compound](https://millionrounds.com/fund/compound-4) [Leblon Capital](https://millionrounds.com/fund/leblon-capital) [John Doerr](https://millionrounds.com/fund/john-doerr) [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) [Hanwha Investment Corp](https://millionrounds.com/fund/hanwha-group) [Dylan Field](https://millionrounds.com/fund/dylan-field) [Nimble Partners](https://millionrounds.com/fund/nimble-partners) [Future Positive](https://millionrounds.com/fund/future-positive) [Supermicro](https://millionrounds.com/fund/supermicro) [Marc Benioff's TIME Ventures](https://millionrounds.com/fund/marc-benioff-s-time-ventures) [Time Ventures](https://millionrounds.com/fund/time-ventures) [Unless](https://millionrounds.com/fund/unless) [Anthony Pratt](https://millionrounds.com/fund/anthony-pratt) [Fortescue Ventures](https://millionrounds.com/fund/fortescue-ventures) [Intrepid Oregon Fund](https://millionrounds.com/fund/intrepid-oregon-fund) [Max Levchin/SciFi Ventures](https://millionrounds.com/fund/max-levchin-scifi-ventures) [Planetary Venture Capital](https://millionrounds.com/fund/planetary-venture-capital) [Resilience Reserve](https://millionrounds.com/fund/resilience-reserve) [SciFi Ventures](https://millionrounds.com/fund/scifi-ventures) [Susquehanna Sustainable Investments (SSI)](https://millionrounds.com/fund/susquehanna-sustainable-investments) [WTI Capital](https://millionrounds.com/fund/wti-capital) [WovenEarth](https://millionrounds.com/fund/wovenearth) Reported by TechStartups and 2 others ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Growth** 2026 **Growth** 2026 [Peter Thiel](https://millionrounds.com/fund/peter-thiel) L [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) L [8090 Industries](https://millionrounds.com/fund/8090-industries) L [Founders Fund](https://millionrounds.com/fund/founders-fund) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Compound](https://millionrounds.com/fund/compound-4) [Leblon Capital](https://millionrounds.com/fund/leblon-capital) [John Doerr](https://millionrounds.com/fund/john-doerr) [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) ## Everyone who backed them [Peter Thiel](https://millionrounds.com/fund/peter-thiel) Angel **1** round, led 1 [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) VC firm **1** round, led 1 [8090 Industries](https://millionrounds.com/fund/8090-industries) VC firm **1** round, led 1 [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) VC firm **1** round [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round [Compound](https://millionrounds.com/fund/compound-4) VC firm **1** round [Leblon Capital](https://millionrounds.com/fund/leblon-capital) VC firm **1** round [John Doerr](https://millionrounds.com/fund/john-doerr) VC firm **1** round [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) VC firm **1** round [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) VC firm **1** round [Hanwha Investment Corp](https://millionrounds.com/fund/hanwha-group) VC firm **1** round [Dylan Field](https://millionrounds.com/fund/dylan-field) Angel **1** round [Nimble Partners](https://millionrounds.com/fund/nimble-partners) VC firm **1** round [Future Positive](https://millionrounds.com/fund/future-positive) VC firm **1** round [Supermicro](https://millionrounds.com/fund/supermicro) Growth equity **1** round [Marc Benioff's TIME Ventures](https://millionrounds.com/fund/marc-benioff-s-time-ventures) VC firm **1** round [Time Ventures](https://millionrounds.com/fund/time-ventures) VC firm **1** round [Unless](https://millionrounds.com/fund/unless) VC firm **1** round [Anthony Pratt](https://millionrounds.com/fund/anthony-pratt) Growth equity **1** round [Fortescue Ventures](https://millionrounds.com/fund/fortescue-ventures) VC firm **1** round [Intrepid Oregon Fund](https://millionrounds.com/fund/intrepid-oregon-fund) Growth equity **1** round [Max Levchin/SciFi Ventures](https://millionrounds.com/fund/max-levchin-scifi-ventures) VC firm **1** round [Planetary Venture Capital](https://millionrounds.com/fund/planetary-venture-capital) VC firm **1** round [Resilience Reserve](https://millionrounds.com/fund/resilience-reserve) Growth equity **1** round [SciFi Ventures](https://millionrounds.com/fund/scifi-ventures) VC firm **1** round [Susquehanna Sustainable Investments (SSI)](https://millionrounds.com/fund/susquehanna-sustainable-investments) Family office **1** round [WovenEarth](https://millionrounds.com/fund/wovenearth) Growth equity **1** round [WTI Capital](https://millionrounds.com/fund/wti-capital) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=panthalassa). ## Also claim to have backed them These 12 firms list Panthalassa as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Western Technology Investment](https://millionrounds.com/fund/wti) VC firm Per its own site [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) VC firm Per its own site [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) VC firm Per its own site [SciFi VC](https://millionrounds.com/fund/scifi-vc) VC firm Series B, per its site [WovenEarth Ventures](https://millionrounds.com/fund/wovenearth-ventures) Fund of funds Per its own site [Sparkwave Capital](https://millionrounds.com/fund/sparkwave-capital) Growth equity Per its own site [HVF Labs](https://millionrounds.com/fund/hvf-labs) Accelerator Series B, per its site [Inventive Capital](https://millionrounds.com/fund/inventive-capital) Family office Per its own site [Rafferty Holdings](https://millionrounds.com/fund/rafferty-holdings) Family office Per its own site [Standish Spring Investments](https://millionrounds.com/fund/standish-spring-investments) VC firm Per its own site [The Astro Group LLC](https://millionrounds.com/fund/the-astro-group-llc) Investor Per its own site [WAGMI Ventures](https://millionrounds.com/fund/wagmi-ventures-3) Angel network Per its own site ## Quick answers about Panthalassa ### Who invested in Panthalassa? Panthalassa's investors include Peter Thiel, Hanwha Asset Management, 8090 Industries, Founders Fund and Portland Seed Fund, and 24 more on record. Hanwha Asset Management led its latest round. ### How much has Panthalassa raised? Panthalassa has raised $365M across 2 rounds since 2026. ### When did Panthalassa last raise? Panthalassa's most recent round was a Growth of $225M in Aug 2026, led by Hanwha Asset Management. ### What was Panthalassa's biggest round? Its most recent round, $225M in Aug 2026, is also its largest on record. ### Who backed Panthalassa first? Panthalassa's first round on record, in May 2026, was backed by Peter Thiel, Founders Fund and Portland Seed Fund and 24 others. ### What stage is Panthalassa at? Panthalassa's latest named round is a Growth, in Aug 2026. ### Where is Panthalassa based? Panthalassa is based in the United States. ### Who led Panthalassa's rounds? Peter Thiel led the Growth in 2026; Hanwha Asset Management led the Growth in 2026. ## Companies like Panthalassa In the same sector, and raised in the last eighteen months. [**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app