Fundz

Zap Energy Raises $27.5 Million To Advance Reactor Technology

PRIVATEMay 19, 2021

Amount Raised

$27.5 Million

Round Type

Funding Round

SeattleEnergy

Description

Zap Energy, a pioneer in fusion energy technology, today announced that it has raised $27.5 million in Series B funding. The round was led by Addition, with participation from Energy Impact Partners, GA Capital and Fourth Realm, as well as existing investors Chevron Technology Ventures and LowerCarbon Capital. The new financing comes just nine months after closing a $6.5 million Series A funding round, following the achievement of a major scientific milestone in late 2020 that brings Zap Energy closer to energy breakeven.

Quick answer

ZAP ENERGY raised $27.5 Million in a Funding Round round, dated May 19, 2021. ZAP ENERGY is based in Seattle, Washington, United States.

How much did ZAP ENERGY raise?
ZAP ENERGY raised $27.5 Million in a Funding Round round on May 19, 2021.
What does ZAP ENERGY do?
Zap Energy is building a seriously cheap, compact, scalable fusion reactor with the potential for a much faster path to commercially viable fusion, without using magnets.
Where is ZAP ENERGY based and how big is it?
ZAP ENERGY is based in Seattle, Washington, United States. Fundz records about 150 employees.
Who are the decision-makers at ZAP ENERGY?
Fundz holds 1 contact at ZAP ENERGY. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

Companies in the same sectors as ZAP ENERGY that raised within 45 days of this round, from Fundz verified event records.

  • Digi Power X Inc. raised $12M on July 2, 2021.
  • ALX Resources raised $131K (Pre-Seed) on June 30, 2021.
  • ALX Resources raised $6K (Pre-Seed) on June 30, 2021.
  • LiquidPiston raised an undisclosed amount on June 29, 2021.
  • Canadian Solar raised $54M (Funding Round) on June 24, 2021.
  • Visionary Gold raised $1.2M (Seed) on June 23, 2021.

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Company Information

Company

ZAP ENERGY

Location

Seattle, Washington, United States

About

Zap Energy is building a seriously cheap, compact, scalable fusion reactor with the potential for a much faster path to commercially viable fusion, without using magnets.

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Related People

1 contact
Verified contacts27 people are listed at ZAP ENERGY. We don't have their email yet.See plans and pricing
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ZAP ENERGY raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.