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.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/22/2022 | Series C | $160.61MM | $xx.xx | $674.07MM | LowerCarbon Capital, Breakthrough Energy Ventures, Shell Ventures, DCVC, Valor Equity Partners, Addition, Energy Impact Partners, Chevron Technology Ventures | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
LowerCarbon Capital, Breakthrough Energy Ventures, Shell Ventures, DCVC, Valor Equity Partners, Addition, Energy Impact Partners, Chevron Technology Ventures
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05/19/2021 | Series B | $27.5MM | $xx.xx | $129.66MM | Addition, Energy Impact Partners, GA Capital, Fourth Realm, Chevron Technology Ventures, 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Addition, Energy Impact Partners, GA Capital, Fourth Realm, Chevron Technology Ventures, LowerCarbon Capital
|
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08/28/2019 | Series A-1 | $6.48MM | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Chevron Technology Ventures, LowerCarbon Capital
|