Amount Raised
$27.5 Million
Round Type
Funding Round
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.
Who to call at ZAP ENERGY, and when
A new round usually means ZAP ENERGY is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ZAP ENERGY raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ZAP ENERGY, from your own LinkedIn network
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Related People
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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