Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
130,000,000
Investment
Announcement URL
Funding Round Date
September 24, 2024
Zap Energy, a nuclear fusion startup, recently secured $130 million in a funding round. Investors included prominent names like Soros Fund Management and Emerson Collective, the investment arm of Laurene Powell Jobs. The funding will support Zap Energy's ongoing efforts to develop cost-effective fusion energy, a cleaner alternative to traditional power sources. This round brings the company's total funding to $327 million. The investment underscores growing interest in nuclear fusion technology, seen as a key to addressing global energy and climate challenges.
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