Zap Energy

Zap Energy

Private
Everett, WashingtonEnergy & Sustainabilityhttps://www.zapenergy.com

Last Round

Series D

Oct 9, 2024

Total Funding Raised

$324M

Company Overview

Zap Energy is a clean energy company that specializes in developing compact and scalable fusion technology to generate sustainable energy through innovative plasma confinement methods without the use of magnetic fields.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Alternative Fuels

Business Model

B2G

Customer Profile

Government Contracts

AI Layer

Non-AI

Keywords

fusion energyZ-pinch fusionmagnet-less fusionsheared-flow-stabilized Z-pinchfusion power plantfusion reactorcommercial fusionfusion startupbaseload powerclean energyplasma confinementlimitless energyDOE milestone programARPA-E

Historical Pricing

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Caplight Momentum Score

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Zap Energy Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Zap Energy Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DOct 9, 2024
Series CJun 22, 2022
Series BMay 19, 2021
Series AAug 12, 2020

Key People

Founding team and executive leadership

Benj Conway

CEO And Co-Founder

Founding Team

Brian Nelson

Chief Technology Officer

Executive Team

Zap Energy Investors

Notable investors and investment history

InvestorRounds
BAM ElevateSeries D
AdditionSeries D, Series C, Series B
ChvnSeries C, Series A
Breakthrough Energy VenturesSeries D, Series C
Mizuho Financial GroupSeries D
The Grantham Foundation for the Protection of the EnvironmentSeries A
Shell VenturesSeries D, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 29, 2026

    Expanding development to include fission reactors.

  • Mar 25, 2026

    Ranked #16 on TIME and Statista's Top GreenTech Companies list.

Zap Energy Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Zap Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersEverett, Washington
Employee Range142
Year Founded2017
Last FundingOct 9, 2024

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