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Zap Energy September 2024 Series D Funding Round

Zap Energy September 2024 Series D Funding Round

Zap Energy raised $130M in Series D Funding Round.

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Is a
Funding round
Funding round

Funding Round attributes

Funding Type
Series D
Series D
Funded Company
Zap Energy
Zap Energy
Funding Round Amount (USD)
130,000,000
Investment
Mizuho Financial Group
Mizuho Financial Group
Soros Fund Management
Soros Fund Management
Valor Equity Partners
Valor Equity Partners
Emerson Collective
Emerson Collective
Shell Ventures
Shell Ventures
Announcement URL
beamstart.com/news/zap...751894965
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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