Zanskar Secures $115 Million to Redefine Geothermal Discovery with AI By: Robert Buluma Image: Zanskar Secures $115 Million to Redefine Geothermal Discovery with AI The geothermal sector just crossed another psychological milestone. Zanskar , a U.S.-based geothermal developer blending hard geoscience with artificial intelligence, has raised $115 million in Series C financing, marking one of the most significant capital injections yet into AI-driven geothermal exploration. The raise propels the company into a new phase,moving decisively from discovery to grid-scale power generation across the Western United States. This latest round pushes Zanskar’s total equity funding to $180 million, a clear signal that investors now see geothermal not as a niche renewable, but as critical baseload infrastructure for the decades ahead. Big Capital Bets on AI-Native Geothermal The funding round was led by Spring Lane Capital , with continued backing from Obvious Ventures, Union Square Ventures , and...
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