Zanskar
10 known investors
Zanskar uses geoscience, AI, and advanced drilling methods to map the Earth's subsurface and identify geothermal resources that have been overlooked or considered too risky. The company develops and operates utility-scale geothermal power projects across the western United States.
AI & Machine LearningClimate TechEnergy
Founders & leadership
Investors · 10
Azolla VenturesCambridge
Prime Impact FundCambridge · $1M – $4M
Safar PartnersCambridge
Bessemer Venture Partnersreported · 2 sourcesRedwood City · $5M – $100M
First Star VenturesreportedCambridge · $100K – $1M
Lowercarbon CapitalreportedNew York · $100K – $5M
Obvious VenturesreportedSan Francisco · $250K – $6M
Spring Lane CapitalreportedMontreal
Union Square Ventures (USV)reportedNew York City · $1M – $8M
Zeropearl VCreported · 2 sources$100K – $500K
Funding
SEC filings, press & company announcements$121M disclosed across 2 rounds · 2026
- $6MraisedAug 2026 · 2 sources
Bessemer (lead), Bessemer Venture Partners (lead)
Source ↗ - $115MSeries CJan 2026 · 2 sources
Spring Lane Capital (lead), Lowercarbon Capital, Obvious Ventures, Union Square Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Zanskar do?
- Zanskar uses geoscience, AI, and advanced drilling methods to map the Earth's subsurface and identify geothermal resources that have been overlooked or considered too risky. The company develops and operates utility-scale geothermal power projects across the western United States.
- Who founded Zanskar?
- Zanskar was founded by Carl Hoiland, Joel Edwards.
- Who are Zanskar's investors?
- Zanskar's investors include Azolla Ventures, Prime Impact Fund, Safar Partners, Bessemer Venture Partners, First Star Ventures, Lowercarbon Capital, Obvious Ventures, Spring Lane Capital and 2 more.
- How much funding has Zanskar raised?
- Zanskar has disclosed $121M raised across 2 rounds.