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Zanskar competitors & alternatives
The 12 closest competitors and alternatives to Zanskar among energy companies — ranked by similarity to what Zanskar actually does, not by market-cap band.
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About Zanskar
Zanskar Geothermal & Minerals Inc. is an AI-native geothermal energy exploration company headquartered in Salt Lake City, Utah. The company utilizes advanced subsurface data and machine learning foundation models to precisely locate and develop clean geothermal resources.
Zanskar at a glance
Zanskar is an energy company headquartered in United States. It has raised at least $145M across the 2 funding rounds on record. Its most recent funding round, Series C, raised $115M in January 2026. Xcout tracks 2 named people at Zanskar, including Carl Hoiland (CEO and Co-founder).
Zanskar leadership
- Carl HoilandCEO and Co-founder
- Joel Edwardsco-founder and CTO
Zanskar funding rounds
At least $145M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series C | $115M | 13 named | |
| Series C | $30M | 13 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Top 12 Zanskar competitors
Ranked by semantic similarity — how close each company is to Zanskar by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar energy company
XGS Energy, Inc. is a geothermal energy company that provides clean, round-the-clock energy solutions. Originally founded as Geothermic Solution LLC in Palo Alto, California, the company later moved its headquarters to Houston, Texas.
Similar energy company
Eden GeoPower Inc. is a Somerville, Massachusetts-based company developing electrical reservoir stimulation technology to increase subsurface permeability for next-generation geothermal energy production.
Similar energy company
Bedrock Energy provides geothermal heating and cooling solutions for real estate developers, owners, and builders. The company utilizes proprietary drilling technology and data algorithms to design and construct geothermal borehole fields efficiently.
Similar energy company
Sage Geosystems Inc. is a geothermal baseload and energy storage company founded in 2020. The company is headquartered in Houston, Texas.
Similar energy company
Endurance Energy develops subsea geothermal power systems to provide continuous, low-cost renewable energy for industrial sites, island nations, and data centers. The company utilizes seafloor-based infrastructure to harness thermal energy from tectonic activity, aiming to address global power shortages.
Similar energy company
Dig Energy, Inc. provides software and machine controls designed to significantly reduce the cost of drilling by up to 80 percent, enabling accessible thermal energy options. Headquartered in Concord, New Hampshire, the company focuses on innovative technologies that streamline drilling operations and drive down energy exploration costs.
Similar energy company
Critical Energy builds factory-made, modular power plants that convert geothermal heat into electricity. These plants are designed to be shipped in standard containers and installed in weeks, with the company headquartered in Hawthorne, CA.
Similar energy company
PannErgy Nyrt. develops, produces, and utilizes clean and renewable geothermal energy in Central and Eastern Europe. The company provides sustainable energy solutions, including district heating and power generation projects, aimed at reducing greenhouse gas emissions for communities and industrial partners.
Energy Technology
Quaise, Inc is developing a millimeter-wave drilling system for converting existing power stations to use superdeep geothermal energy. The system would repurpose existing gyrotron technology to drill 20 kilometers beneath the surface, where temperatures exceed 400 °C. No fracking would be required, avoiding the potential for earthquakes that have occurred in other geothermal systems. Drilling using this technique is hoped to be fast, with boreholes aimed to be completed in 100 days using existing 1MW gyrotrons. To reduce costs and delays, the company planned to establish its wells on the sites
Similar energy company
Quaise Energy is an energy industry services company headquartered in Houston, Texas. The company focuses on developing technology for the energy sector.
Similar energy company
Diverso Energy is the first fully vertically integrated geothermal utility company in North America. Based in Mississauga, Ontario, the company provides sustainable heating and cooling utility solutions for the real estate and property development sectors.
Renewable Energy
Z-GEO Holdings, LLC develops utility-scale geothermal power projects in Colorado to provide 24/7 carbon-free baseload energy. The company serves the electric grid, large-scale data centers, and behind-the-meter users while supporting sustainable building solutions and economic development.
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