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Zap Energy

Zap Energy

Zap Energy is developing compact fusion power that doesn't require magnets or lasers.

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Contents

TimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
zapenergy.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Sustainability
Sustainability
Nuclear technology
Nuclear technology
Clean technology
Clean technology
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Nuclear power
Nuclear power
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Nuclear fusion
Nuclear fusion
Technology
Technology
...
Location
Seattle
Seattle
B2X
B2B
B2B
CEO
‌
Benj Conway
Pitchbook URL
pitchbook.com/profiles...398980-00
Legal Name
Zap Energy Inc.
Number of Employees (Ranges)
51 – 200
Email Address
reachout@zapenergyinc.com
Phone Number
+14253211446
Full Address
Smith Tower 506 Second Avenue, Suite 1400 Seattle, WA 98104
Investors
Lowercarbon Capital
Lowercarbon Capital
‌
Strong Atomics
Chevron Technology Ventures
Chevron Technology Ventures
Lee Fixel
Lee Fixel
Valor Equity Partners
Valor Equity Partners
4
Breakthrough Energy Ventures
Breakthrough Energy Ventures
4
Shell Ventures
Shell Ventures
4
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4
...
Founded Date
2018
Total Funding Amount (USD)
332,800,000
Latest Funding Round Date
September 24, 2024
Competitors
HelicitySpace
HelicitySpace
Glassdoor ID
3271465
CTO
‌
Brian Nelson
Latest Funding Type
Series D
Series D
Patents Assigned (Count)
1
Country
United States
United States

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
130,000,000

Zap Energy is a company developing Sheared-Flow-Stabilized Z-pinch plasma confinement to produce a commercially viable fusion reactor. Zap Energy’s work is an extension of that conducted by the FuZE team at the University of Washington and Lawrence Livermore National Laboratory.

Zap Energy’s fusion approach stabilizes plasma using sheared flows instead of magnetic fields. Driving electric current through the flow creates the magnetic field, confining and compressing the plasma. A greater current produces a greater pressure and density of the plasma. The company believes stabilizing the plasma with a sheared flow allows it to be confined long enough for fusion reactions to occur.

Through experimental and computational studies from 2015 to 2019, Zap Energy has successfully scaled this concept from 50 kA to over 300 thousand amps of pinch current. Zap Energy’s next step device is aiming to achieve 600 kA of plasma current where plasma density and temperature are predicted to approach conditions of scientific breakeven.

The company has been funded by the US Department of Energy since 1995. In 2015 they were awarded a grant from ARPA-E’s ALPHA program and exceeded the program milestones, leading to a $6.8M ARPA-E OPEN award in 2019, and further backing from an energy-focused investor base.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Blue Origin vets unveil startup seeking small solution to massive challenge of fusion energy

https://www.geekwire.com/2022/blue-origin-vets-unveil-startup-seeking-small-solution-to-massive-challenge-of-fusion-energy/

Web

March 30, 2022

New Energy Ep 04 Ben Levitt (Zap Energy and the ramping up of Fusion Energy)

https://www.youtube.com/watch?v=Qv6q49gQuhc

Web

October 14, 2021

References

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