Zanskar Raises $115 Million for Geothermal Energy Development Using AI
GEOTHERMAL
Zanskar, an AI-native geothermal energy company based in Salt Lake City, UT, raised $115 million in Series C funding, bringing its total funding to $180 million. The round, led by Spring Lane Capital with participation from several investors, aims to generate 100 megawatts of clean electricity within three to five years by building power plants on AI-identified geothermal sites. The company plans to enhance its gigawatt-scale pipeline through a geothermal exploration and development campaign, utilizing its platform to reduce discovery costs.

Jan 23, 2026, 6:20 AM