Building the first AI foundation model for geothermal and a new kind of energy company.
Location: United States
Total raised: $145M
Investors 2
| Date | Name | Website |
| 26.04.2026 | UP Partner... | up.partner... |
| 27.09.2022 | UNION SQUA... | usv.com/ |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 22.01.2026 | Series C | $115M | Lowercarbo... |
| 06.05.2024 | - | $30M | - |
Mentions in press and media 11
| Date | Title | Description |
| 08.07.2026 | Data At The Edge | Many of the most critical data sets are the ones that we have long been unable to access or interpret. Value on the internet has largely compounded through data loops that continuously strengthen with scale. A product or platform collects d... |
| 24.01.2026 | AI Geothermal Innovator Zanskar Lands $115M Series C | Zanskar, an AI-native geothermal energy company, recently secured $115 million in Series C funding. Spring Lane Capital spearheaded the round, joined by a diverse group of investors. This crucial capital propels Zanskar's ambitious plans. T... |
| 22.01.2026 | Munich Re Ventures backs Zanskar | Geothermal energy startup Zanskar Zanskar Founded: 2019 Headquarters: Provo, Utah, United States Total Funding: $157.23M See full company profile "> has raised a $115 million Series C as it looks to scale its AI-driven geothermal di... |
| 21.01.2026 | Zanskar Raises $115M in Series C Funding | Zanskar, a Salt Lake City, UT-based AI-native geothermal energy company, raised $115M in Series C funding. The round was led by Spring Lane Capital with participation from participation from Obvious Ventures, (who led the Series B), Union S... |
| 21.01.2026 | AnswersNow Raises $40M in Series B Funding | AnswersNow, a Richmond, VA-based company which specializes in virtual applied behavioral analysis (ABA) therapy, raised $40M in Series B funding. The round was led by HealthQuest Capital, with participation from existing investors Left Lane... |
| 19.09.2025 | Using Custom-Built Artificial Intelligence, Zanskar Drills Second Major Geothermal Discovery at an Overlooked “Conventional” Geothermal Site | , the first AI-native geothermal energy company using AI to transform how we find, assess, and deliver geothermal energy, announced its second deep geothermal discovery, at a site called “Pumpernickel,” in Northern Nevada. This discovery is... |
| 26.11.2024 | Activate: New Board Members And $3.5 Billion Fellows Funding Milestone | Activate, a nonprofit fellowship where science entrepreneurs transform ideas into advanced hard-tech companies, announced a new funding milestone: Activate Fellows, current and alumni, have raised a cumulative $3.5 billion in funding for th... |
| 06.05.2024 | Zanskar Raises $30M in Funding | Zanskar Geothermal & Minerals, a Salt Lake City, UT-based geothermal exploration company, closed a $30M funding round. The round was led by Obvious Ventures with participation from previous investors such as Munich Re Ventures, Union Sq... |
| 22.02.2024 | Vertically Integrated and AI-First | Co-authored with Jared Hecht A new pattern is emerging that we are excited about at USV: entrepreneurs are upgrading physical industries with an AI-first and vertically integrated approach. Instead of selling software to industry incumbents... |
| 16.09.2022 | Deep tech VC First Star plots a $40M third fund | First Star, backer of deep tech startups like Plus One and Fyto, aims to raise as much as $40 million for its third venture fund, TechCrunch has learned. Based in Cambridge, Massachusetts, First Star typically backs robotics, blockchain, AI... |
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