Zanskar Secures $115M Series C to Expand AI-Driven Geothermal Exploration
Zanskar has secured $115 million in a Series C funding round led by Spring Lane Capital to advance its AI-driven geothermal exploration initiatives. The company plans to develop a gigawatt-scale pipeline and construct multiple geothermal power plants in the Western U.S., aiming for power delivery by 2030. With this new funding, Zanskar's total capital raised reaches $180 million, allowing for expansion of its discovery platform and exploration drilling programs.
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Zanskar raised $115 million in a Series C funding round led by Spring Lane Capital to enhance its AI-driven geothermal exploration efforts. The company aims to develop a gigawatt-scale pipeline and build multiple geothermal power plants in the Western U.S., targeting power delivery by 2030.
Zanskar has identified new geothermal sites, increasing its potential beyond traditional estimates. The funding will support expansion of its discovery platform and exploration drilling programs while establishing new strategic partnerships. Zanskar's total funding now stands at $180 million.
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