# NetworkOcean

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/networkocean

- Industry: Business Support Services
- Headquarters: San Francisco, US
- Website: www.networkocean.io
- Latest round: Seed (Sep 13, 2024)
- Investors on record: 1

## About

Based in California, US, and founded in 2023 by CEO Sam Mendel and CTO Eric Kim, NetworkOcean, Inc., operates as a provider of underwater data centers to improve internet performance. In September 2024, NetworkOcean, Inc. raised seed funding from Pioneer Fund.

NetworkOcean focuses on designing and operating underwater data centers. These facilities use cylindrical pressure vessels and are optimized for environmental sustainability by eliminating the use of freshwater for cooling, which significantly reduces resource waste. The underwater location provides natural cooling, enhancing energy efficiency and hardware reliability while lowering operational costs. NetworkOcean's infrastructure supports edge computing by delivering latency improvements of up to 98% for coastal applications. The company offers hardware solutions, including H100 GPUs, available for rental on an hourly basis, enabling scalable computing power for various workloads.

## Funding rounds

- Seed, Sep 13, 2024 — Pioneer Fund

## Investors

- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed