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TDK Ventures invests $38M in Rodatherm's Series A round to enhance their advanced geothermal energy technology.

PRIVATESep 15, 2025

Amount Raised

$38 Million

Round Type

Series A

Salt Lake CityEnergyRenewable EnergySolarBiomass Energy

Investors

TDK Ventures

Description

TDK Ventures invests in Rodatherm's $38M Series A funding round to support the development of an innovative closed-loop geothermal system. This strategic investment aims to accelerate the delivery of affordable and sustainable energy. Rodatherm's technology is designed to improve efficiency and reduce operational costs. The partnership reflects TDK Ventures' commitment to transformative energy solutions.

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Company Information

Company

Rodatherm

Location

Salt Lake City, Utah, United States

About

Rodatherm Energy Corporation is a privately held geothermal power-generation company with locations in Calgary, Alberta, and Salt Lake City, Utah, focused on the Great Basin region of the Western United States. Its team of seasoned energy professionals is dedicated to delivering clean, cost-effective, and reliable electricity through its pioneering Advanced Geothermal System (AGS), which uses a closed-loop design and working fluid to provide efficient, low-cost, sustainable baseload and dispatchable power.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Rodatherm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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