Article

Rodatherm, a leader in innovative geothermal energy technology, has successfully closed a $38 million Series A funding round, marking the largest initial capital raise for a geothermal startup to date. Led by Evok Innovations, the funding will support the deployment of Rodatherm's pilot geothermal system in Utah, which aims to validate its advanced closed-loop geothermal design. The company’s technology promises higher efficiency and competitive energy costs, positioning Rodatherm as a key player in the transition to clean energy.