Funding Details
- Awarder
- RSS - www.geekwire.com
- Date Award
- July 31, 2024
- Vertical
- Fusion Energy
- Funding URL
- View Funding Page
- Valuation
-
$330,000,000
Company Info
- Founding Year
- 2017
- Traction
- Zap Energy has raised a total of approximately $330 million in venture capital and has made significant advancements in fusion technology, including reaching temperatures of 11 to 37 million degrees Celsius.
- Organizations Involved
- U.S. Department of Energy, TransAlta
- Founders
- Uri Shumlak, Brian A. Nelson, Benj Conway
- Company Description
- Zap Energy is developing compact fusion power that doesn't require magnets or lasers.
- Market
- Clean Energy
- Location
-
Everett,
WA,
US
- Coinvestors
- Lowercarbon Capital, Breakthrough Energy Ventures
Links