Zanskar Geothermal and Minerals, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Zanskar Geothermal and Minerals, Inc. - overview
Established
2021
Location
Salt Lake City, UT, US
Primary Industry
Renewable Energy
About
Established in 2021 and based in Utah, US, Zanskar Geothermal and Minerals, Inc. is a technology company focused on developing methods for identifying geothermal resources and optimizing approaches to maximize output. The firm was co-founded by Carl Hoiland (CEO) and Joel Edwards (CTO). In January 2026, Zanskar Geothermal and Minerals, Inc.
raised USD 115 million in series C funding led by new investor Spring Lane Capital, with participation from other new investors Susquehanna Growth Equity, Imperative Ventures, StepStone, University Growth Fund, Cross Creek, GVP Climate, Carica Sustainable Investments, UP. Partners, All Aboard Fund, Orion Industrial Ventures, and Tranquillion. Returning investors Obvious, Union Square Ventures, Lowercarbon Capital, Munich Re Ventures, Clearvision Ventures, Safar Partners, and other unspecified investors also participated in the round. The company's technology integrates artificial intelligence, big data, and advanced sensing techniques to uncover concealed geothermal resources.
This enables clients to mitigate risks associated with geothermal exploration by providing insights and information. The company plans to utilize the January 2026 funding to grow its geothermal projects, expand drilling, and build new partnerships.
Current Investors
First Star Ventures, Xplorer Capital, PRIME Impact Fund
Primary Industry
Renewable Energy
Sub Industries
Geothermal
Website
www.zanskar.com
Verticals
Artificial Intelligence
Company Stage
Series C
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.