Zap Energy
Zap Energy Logo

Zap Energy

Fusion power, no magnets required.

About

Founded

2017

Headquarters

Seattle, Washington

Industry

Climate, Fusion

Company Description

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.

Quick Links

WebsiteJobs

Funding

Total Raised

$207.8 million

Valuation

Undisclosed

Significant Investors

Lowercarbon Capital, Breakthrough Energy Ventures, Shell Ventures, DCVC, Valor Equity Partners, Addition, Energy Impact Partners, Chevron Technology Ventures

Company Traction

  • As of June 2023, Zap Energy claims its plasma is 100,000x denser and lasts several microseconds longer.
  • In May 2023, the US Department of Energy awarded Zap Energy $5 million in federal funding to continue the development of its pilot plant.

Leadership Team

  • Brian Nelson: Co-Founder & CTO of Zap Energy. Former Research Professor Emeritus at the University of Washington.
  • Uri Shumlak: Co-Founder & Chief Scientist of Zap Energy. Professor at the University of Washington.
  • Ryan Umstattd: VP of Product and Partnerships at Zap Energy. Former Director of Engineering at Transient Plasma Systems.
  • Ben Levitt: VP of Research and Development at Zap Energy. Former Principal Research Scientist at Schlumberger.

Press

People also viewed