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Secondary marketplace / Explore private companies / Zap Energy IPO
Zap Energy

Zap Energy IPO

$674.07MM
Series C Valuation, Jun 2022
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Zap Energy IPO date and status

2017
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

Zap Energy is a fusion energy company which offers compact fusion reactor technology to utility companies and power plant operators. The company's approach uses sheared-flow stabilized Z-pinch fusion, aiming to create a simpler and more cost-effective path to fusion power. By developing scalable fusion reactors, Zap Energy strives to provide clean, safe, and abundant energy solutions. This company was founded by Uri Shumlak Ph.D, Brian A. Nelson Ph.D, and Benj Conway in 2017 and is headquartered in Everett, WA.
zapenergy.com
Sector
Energy
Subsector
Clean Energy
Founded
2017
Headquarters
Everett, WA, United States
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Get Full Access
Post-Money Valuation 3
$674.07MM
Total Funding
$194.59MM
Last Funding Round
Series C

Learn more about Zap Energy

To invest in Zap Energy pre-IPO

Can you invest in Zap Energy pre-IPO?

Zap Energy is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of Zap Energy before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Zap Energy is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Zap Energy shares?

To explore the value of your Zap Energy shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Zap Energy a publicly traded company?

Zap Energy is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Zap Energy potential IPO

Will Zap Energy go IPO?

Zap Energy has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Zap Energy’s IPO price?

The Zap Energy IPO price does not exist at this time, as Zap Energy is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Zap Energy, register for Forge today.

When was Zap Energy founded?

Zap Energy was founded in 2017.

What is Zap Energy funding to date?

Zap Energy has raised $194.59MM to date.

Zap Energy major investors

Arpa-E
Bam Elevate
Course Correction Capital
Emerson Collective
Lowercase Capital
MCMA Ventures
Mizuho Bank
Neglected Climate Opportunities
Overlay Capital
Soros Fund Management
U.S. Department Of Energy
Xplor Ventures Company
Show All InvestorsShow Fewer Investors

Zap Energy pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
06/22/2022 Series C $160.61MM $82.43 $674.07MM Addition, Breakthrough Energy Ventures, Chevron Technology Ventures, Dcvc, Energy Impact Partners, Lowercarbon Capital, Shell Ventures, Valor Equity Partners
Price per Share
$ xx.xx
Shares Outstanding
1,948,541
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Breakthrough Energy Ventures, Chevron Technology Ventures, Dcvc, Energy Impact Partners, Lowercarbon Capital, Shell Ventures, Valor Equity Partners
05/19/2021 Series B $27.5MM $24.01 $129.66MM Addition, Chevron Technology Ventures, Energy Impact Partners, Fourth Realm, Ga Capital, Lowercarbon Capital
Price per Share
$ xx.xx
Shares Outstanding
1,145,466
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Chevron Technology Ventures, Energy Impact Partners, Fourth Realm, Ga Capital, Lowercarbon Capital
08/28/2019 Series A-1 $6.48MM $5.04 $21.61MM Chevron Technology Ventures, Lowercarbon Capital
Price per Share
$ xx.xx
Shares Outstanding
1,284,811
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chevron Technology Ventures, Lowercarbon Capital

Zap Energy IPO news and media highlights

MSN 11/04/2024

Company unveils revolutionary reactor design for nuclear fusion power plant: 'Cylinders firing all day long to produce steady energy output'

Seattle-based company has unveiled its new nuclear fusion prototype with the goal of delivering commercially viable fusion energy as soon as possible. Zap Energy revealed its Century device, which it says is the world's first demonstration system of its kind to produce 100 kilowatts of power, according to Interesting Engineering. As the outlet reports, Century is unique because it doesn't use magnets, cryogenics, or lasers to achieve fusion, which are the most common means of achieving it.
Interesting Engineering 10/13/2024

US firm shows breakthrough nuclear fusion device prototype with 100 KW of input power

Seattle-based fusion company has showcased its new prototype device. Called Century, the Zap Energy’s device is claimed to be the first fully-integrated demonstration of several fusion power plant-relevant technologies. Zap Energy, which recently raised $130 million for Century, aims to commercialize the fusion power as soon as possible. Fusion energy is created when the forces separating the centers of atoms are overcome, and two smaller nuclei fuse into a larger one.
TechCrunch 09/26/2024

Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs’ Emerson Collective

Investors have poured money into fusion startups over the last several years, and one of the more recent beneficiaries of their beneficence is Zap Energy, an Everett, Washington-based startup that’s pursuing a clever approach to harnessing the power of the stars. The company recently closed a $130 million round, according to an SEC filing, bringing the total to $327 million, according to PitchBook. Only four fusion startups have raised more.
Interesting Engineering 09/19/2023

Is fusion energy getting any closer to reality?

Research in fusion energy has made significant progress over the past decade, with various types of fusion reactors being developed. However, commercial applications for fusion energy are still projected to be 20-30 years away. The article explores advancements in fusion energy research and the roadblocks that have made fusion energy an elusive goal. Three pioneering companies in the fusion energy landscape, Zap Energy, Tokamak Energy, and Thea Energy, are highlighted.
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Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Energy
Subsector: Clean Energy
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
Fervo EnergyFervo EnergyNot available$ xx.xxSeries E-1$2.86B$8.17$443.98MM
Sion PowerSion PowerNot available$ xx.xxSeries A-2$425.6MM$1.42$62.5MM
See Tech IPO Calendar

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

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Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
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Forge, your trusted partner for pre-IPO insights and Zap Energy data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

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Updated on: Jul 15, 2025

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