51%

Tekcapital Ownership (May 2026)

NA

Tekcapital Valuation (May 2026)

Geothermal Powered Compute

Sector

Vesari

Vesari is building a proprietary integrated infrastructure platform that combines geothermal power generation, hyperscale compute, advanced thermal management, energy-aware workload orchestration, and LEO satellite connectivity into a single co-located system.

Vesari Investment Thesis

Generative AI is creating an unprecedented imbalance between compute demand and available power. U.S. data center electricity consumption has roughly tripled over the past decade and is projected to reach 325–580 TWh annually by 2028, overwhelming grid infrastructure, delaying new capacity, and increasing electricity costs.

Vesari seeks to address this constraint by co-locating hyperscale AI compute directly with geothermal generation. Operating behind the meter and independent of the grid, Vesari will deliver 24/7 carbon-free compute without exposure to transmission bottlenecks, interconnection delays, or grid congestion. Global connectivity is provided primarily through low Earth orbit satellite networks, reducing dependence on terrestrial fiber infrastructure.

We believe that Vesari’s proprietary energy, cooling, and workload optimization technologies will further enhance efficiency, utilization, and economics in ways that conventionally powered, grid-dependent data centers and standalone compute facilities cannot achieve. By tightly integrating power generation and compute operations, Vesari is designed to maximize the value of every megawatt produced.

The result is a potential new category of AI infrastructure: reliable, scalable, transmission-independent compute with predictable long-term operating costs, superior sustainability, and no incremental burden on public electricity networks. As AI demand accelerates, Vesari’s goal is to become a leading provider of geothermal-powered compute capacity.

Tekcapital Portfolio

Commercialised university-developed discoveries that can enhance people’s lives

We find and invest in exciting new discoveries from our university network that can enhance people’s lives.

We believe that when you couple compelling University IP with experienced management returns on invested capital will outperform the sector and exits will occur faster. The group’s goal is to distribute a portion of the proceeds as a special dividend to our shareholders on successful material exits.

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