Zanskar raised $115M in a Series C following a record year of geothermal discoveries.
- Amount
- $115M
- Stage
- Series C
- Announced
- 21 January 2026
- Lead
- Spring Lane Capital
- Other investors
- Obvious Ventures, Union Square Ventures, Lowercarbon Capital, Munich Re Ventures, Susquehanna Sustainable Investments, Clearvision Ventures, Orion Industrial Ventures, Safar Partners, Imperative Ventures, StepStone Group, University Growth Fund
- Use of funds
- Expand AI discovery platform and begin building geothermal power plants at discovered sites.
- Total raised
- $180M to date
- Checked
- Amount and date matched across 3 press sources