Tech Company Financing Transactions

Zap Energy Funding Round

Zap Energy, based in Seattle, scored $27.5 million from Addition Capital, Chevron Technology Ventures and Energy Impact Partners.

Transaction Overview

Company Name
Announced On
5/20/2021
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series B
Proceeds Purpose
Zap Energy's Series B round to fuel development of its fusion reactor that can become one of the key enablers for a sustainable global energy future.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
506 Second Ave. Smith Tower 1400
Seattle, WA 98104
USA
Phone
Undisclosed
Email Address
Overview
Zap Energy's technology 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. We are backed by an energy and technology-focused investor base, closing a Series B funding round in early 2021.
Profile
Zap Energy LinkedIn Company Profile
Social Media
Zap Energy Company Twitter Account
Company News
Zap Energy News
Facebook
Zap Energy on Facebook
YouTube
Zap Energy on YouTube

Management Team

Title
Name
Email & Social
Chief Scientific Officer
Uri Shumlak
  Uri Shumlak LinkedIn Profile  Uri Shumlak Twitter Account  Uri Shumlak News  Uri Shumlak on Facebook
Chief Technical Officer
Brian Nelson
  Brian Nelson LinkedIn Profile  Brian Nelson Twitter Account  Brian Nelson News  Brian Nelson on Facebook
President
Benj Conway
  Benj Conway LinkedIn Profile  Benj Conway Twitter Account  Benj Conway News  Benj Conway on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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