Drogue raises $20M to power floating data centers with the ocean's heat

arian_ghashghai · x · 2026-11-14

TechCrunch reports Drogue, a six-month-old Washington D.C. startup, has raised $20 million to build data centers aboard floating vessels powered by heat harvested from the ocean, with its first prototype expected at sea within two years.

CEO Sam Sipe argues data centers are "a real estate game" on 8-10 year timelines while AI demand grew 10x in three years — floating deployments could bypass grid and land bottlenecks. EarthlingVC calls it its largest Fund I position.

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