As demand increases due to the centralization of computing and the electrification of industries such as transportation, geothermal is an alternative that could stabilize the carbon-free grid and provide affordable power when the U.S.'s existing energy infrastructure cannot meet demand. is a sustainable energy source. Geothermal harnesses heat from underground to generate renewable energy 24/7, which Zanskar can identify to dramatically expand supply for power projects.
“We are ready for our next phase of growth and are excited to welcome Obvious to the team,” said Zanskar CEO and co-founder Carl Hoiland.
Since its last funding in 2022, Zanskar has established itself as a leader in geothermal discovery. Public accomplishments include winning multiple contracts with the U.S. Department of Defense's Defense Innovation Command to explore new geothermal resources and advance the energy resiliency mission. Additionally, the company's field data collection program collects low-cost, early-stage field data every three months. In addition to rapidly iterating model predictions, this early-stage field data program has enabled Zanskar to make more greenfield geothermal discoveries than the industry has made in the past decade combined.
“Energy demand forecasts needed to electrify industries such as transportation, petroleum, and big technology data centers will help meet growing demand in the U.S. and around the world,” said Andrew Beebe, managing director at Obvious Ventures. “We had vastly underestimated the amount of electricity we would need.” “We scour the planet for scalable clean power solutions to address the current energy crisis. We believe Zanskar has the disruptive technology needed to avert global traffic congestion. With our AI-powered platform, Zanskar is making geothermal discovery more accessible, cost-effective, and creating an opportunity to find and distribute large supplies of green energy now.”
