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Zap Energy

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Zap Energy is building a low-cost, compact, scalable fusion reactor with no magnets and the potential for a short path to commercially viable fusion energy

Everett, United StatesFounded 2017Energy
Valuation $500M–1B Last recorded · 2024
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zap Energy and the history behind them.

About Zap Energy

Zap Energy Inc. is a startup operating in the energy sector, specifically focusing on the development and commercialization of plasma confinement technology for fusion energy. Fusion energy is a form of power generation that mimics the process that powers the sun and stars, offering a virtually limitless and clean source of energy.

Zap Energy's unique approach to fusion energy involves the use of sheared-flow stabilized Z-pinch technology. In simpler terms, this technology uses electric currents and magnetic fields to compress plasma (a hot, ionized gas) to the point where fusion reactions occur. This method is considered more efficient and cost-effective than traditional fusion techniques, which often require large and expensive facilities.

The company's primary clients are likely to be large-scale energy providers and possibly government entities interested in sustainable and clean energy sources. The market it operates in is the global energy market, which is increasingly shifting towards renewable and clean energy sources due to environmental concerns and regulatory pressures.

Zap Energy's business model revolves around the development, patenting, and licensing of its fusion technology. The company makes money by selling or licensing its technology to energy providers who can then use it to generate and sell fusion energy.

In conclusion, Zap Energy Inc. is a promising startup in the clean energy sector, offering a novel and potentially game-changing approach to fusion energy generation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Everett, United States
Employees
147
Open positions
11
Dealroom signal
71.1/100
Industry
Energy
Sub-industry
Clean Energy, Energy Providers
Sector
Energy, Spinout, Sustainable Development Goals, Nuclear Fusion, Climate Tech, NIF defense security and resilience, NIF Energy Security and Climate Change, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Jul 2024 $130M $520M Explore.Dream.Discover. · Mizuho · Emerson Collective · Shell Ventures ↗
GRANTOther financing May 2023 $5M — US Department of Energy ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Zap Energy website traffic

Latest recorded traffic for Zap Energy is 11K monthly website visits, down 15.4% over the last three months. Zap Energy's team declined 1.3% over the past year.

Latest monthly visits11K 3-month web change-15.4% 1-year team growth-1.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
TAE TechnologiesAneutronic fusion power using hydrogen-boron fuel Lake Forest, United States Acquired 302 $1.3B $2.6B
Type One EnergyType One is commercializing the stellarator fusion concept, the ultimate clean power source, and making it affordable and available to all Knoxville, United States Operational
EX-FusionEX-Fusion aims to build and power the first laser-powered commercial nuclear fusion reactor Osaka, Japan Operational
Focused EnergyCombining U.S. fusion science with German laser engineering to deliver modular, commercially viable fusion from proven ignition technology Darmstadt, Germany Operational
CTFusionCTFusion is developing the Dynomak approach to magnetic fusion energy that uses spheromak magnetic confinement and imposed-dynamo current drive (IDCD). It aims to enable commercially viable fusion energy for the generation of heat and electricity Seattle, United States Operational
Commonwealth Fusion SystemsCompact fusion power enabled by superconducting magnet technology Harvard, United States Operational
Tokamak EnergyCommercial fusion energy via spherical tokamaks and HTS magnets. Milton, United Kingdom Operational
First Light FusionInspired by the only natural example of inertial confinement on Earth, First Light Fusion is developing a practical pathway to fusion energy using the simplest machine possible Yarnton, United Kingdom Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • US Department of Energy

Series A6 investors entered at this stage

  • Chevron Technology Ventures
  • Lowercarbon Capital
  • Addition VC
  • Energy Impact Partners
  • Fourth Realm
  • GA Capital

Series B and later11 investors entered at this stage

Other known investors1 additional known investor

  • University of Washington
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States98.3%
🇬🇧 United Kingdom0.9%
🇨🇦 Canada0.9%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Zap Energy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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