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TDK Ventures has announced a $38 million investment in Rodatherm's Series A funding round, aimed at developing the company's first pilot geothermal system in Utah. Rodatherm's innovative geothermal technology, which operates more efficiently than traditional systems, utilizes a fully isolated working fluid for enhanced heat extraction.

This funding is part of TDK's broader strategy to support electrification and decarbonization startups across North America and Europe. CEO Curtis Cook expressed enthusiasm for TDK's involvement, emphasizing its potential to expedite the deployment of reliable clean energy solutions.