Tech Company Financing Transactions

Zanskar Funding Round

Just Climate, Spring Lane Capital and private investors participated in a $40 million capital raise for Zanskar. This VC investment round was announced on 4/16/2026.

Transaction Overview

Company Name
Zanskar
Announced On
4/16/2026
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors

Just Climate (Lead Investor) (Natalia Simakina)

Spring Lane Capital (Lead Investor) (Jason Scott)

Proceeds Purpose
Zanskar will use the project financing to rapidly build multiple geothermal power plants across the U.S. Zanskar is working towards delivering gigawatts of clean, firm power to American homes and businesses, and will create hundreds of jobs as it embarks on this historic geothermal development campaign.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
90 South 400 West 410
Salt Lake City, UT 84101
USA
Phone
801-341-9169
Website
www.zanskar.com
Email Address
Not Recorded
Overview
Geothermal is the most abundant, reliable & affordable renewable energy source on the planet. Most geothermal energy is still undiscovered. There's enough energy underground to power the globe, but traditional methods to develop it are too slow & expensive.
Profile
Zanskar LinkedIn Company Profile
Social Media
Zanskar Company Twitter Account
Company News
Zanskar News
Facebook
Zanskar on Facebook
YouTube
Zanskar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Carl Hoiland
  Carl Hoiland LinkedIn Profile  Carl Hoiland Twitter Account  Carl Hoiland News  Carl Hoiland on Facebook
Chief Financial Officer
Diego D'Sola
  Diego D'Sola LinkedIn Profile  Diego D'Sola Twitter Account  Diego D'Sola News  Diego D'Sola on Facebook
Chief Technical Officer
Joel Edwards
  Joel Edwards LinkedIn Profile  Joel Edwards Twitter Account  Joel Edwards News  Joel Edwards on Facebook
VP - Operations
Patrick Wilson
  Patrick Wilson LinkedIn Profile  Patrick Wilson Twitter Account  Patrick Wilson News  Patrick Wilson on Facebook

 

 

Browse more venture capital transactions:

Prev: 4/16/2026: Eigen venture capital transaction
Next: 4/16/2026: Joyful Health venture capital transaction

 

Share this article

 

Where The Data Comes From

We do our best to report on every notable VC transaction. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2026. Gaebler Ventures. All rights reserved.