Zap Energy raises $27.5M Series B to develop magnet-free commercial fusion reactor

Seattle startup Zap Energy raised $27.5 million in a Series B to advance a magnet-free fusion reactor that stabilizes plasma with sheared flows, aiming to lower costs and speed deployment of low-carbon fusion. The company, founded in 2017 and rooted in University of Washington and Lawrence Livermore research, has now raised over $34 million total.

UUri Shumlak BBenj Conway ZZap Energy UUniversity of Washington