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Rodatherm Energy Corp, a pioneering geothermal energy startup, has secured $38 million in a Series A funding round to launch a pilot geothermal system in Utah. Their innovative closed-loop technology utilizes refrigerants instead of water, making it efficient for hot sedimentary rock found in the western U.S. and Gulf Coast regions. The fundraising was spearheaded by Evok Innovations, positioning Rodatherm to capitalize on the growing demand for AI-driven renewable energy solutions.