Zap Energy is an energy technology company that builds a fusion reactor that does not employ magnets.
Zap Energy's fusion reactor stabilizes plasma using sheared flows rather than magnetic fields. Driving electric current through the flow creates the magnetic field, which confines and compresses the plasma. The higher the current, the greater the pressure and density in the plasma. Zap Energy's reactor is the least expensive, most compact, most scalable solution with the shortest path to commercially viable fusion.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 7, 2022 | Series C | $160M | 8 | Lowercarbon Capital | — | Detail |
May 5, 2021 | Series B | $27.50M | 6 | Addition | — | Detail |
Jul 12, 2020 | Series A | $6.50M | 2 | — | — | Detail |
Apr 20, 2020 | Grant | $1M | — | — | — | Detail |
Dec 10, 2019 | Non-Equity Assistant | $1M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Lowercarbon Capital | Yes | Series C |
Addition | — | Series C |
Breakthrough Energy Ventures | — | Series C |
Chevron Technology Ventures | — | Series C |
DCVC | — | Series C |
Energy Impact Partners | — | Series C |
Shell Ventures | — | Series C |
Valor Equity Partners | — | Series C |
Fourth Realm | — | Series B |
GA Capital | — | Series B |