GoKawiilDrogue raises $20M to build ocean-heat-powered floating data centers
Washington, D.C.-based startup Drogue, founded six months ago, has raised $20 million from investors including XYZ Venture Capital, Toyota Ventures and Boost VC to develop a system that captures ocean heat to power data centers aboard floating vessels. CEO Sam Sipe says a multi-megawatt prototype will be installed on a conventional ship and deployed at sea in early 2028, with later versions built on structures resembling offshore oil platforms.