Benj Conway
Benj Conway is President and Co-Founder at Zap Energy, a startup he founded and where he continues to lead. His expertise includes entrepreneurship, investment, and diplomacy.
Helion Energy to Provide Fusion Power to Microsoft Data Center by 2028 Amid $1.5B Funding; Zap Energy Raises $330M with DOE Support
Helion Energy, with $1.5 billion raised, will supply fusion-generated electricity to Microsoft's Central Washington data center by 2028, while rival Zap Energy, backed by $330 million and the U.S. Department of Energy, is also exploring nuclear fission. These moves reflect the urgent demand for power in AI data centers exceeding current grid capacity and the strategic hedging against fusion timeline risks.
Zap Energy Adds Nuclear Fission to Fusion Effort, Names Zabrina Johal CEO to Lead Dual-Track Power Strategy
Zap Energy is expanding its nuclear power efforts by adding traditional fission to its fusion technology, appointing Zabrina Johal as CEO to lead the combined approach. The company aims to integrate both nuclear methods to accelerate development and reduce risks amid growing demand for carbon-free energy.
Zap Energy Secures $130M Funding and Advances Century Fusion Power Plant Demo System
Zap Energy raised $130 million in funding and is progressing on its Century system, a demonstration of key technologies for fusion power plants aimed at producing 50 megawatts per module. The Century device integrates power-generation components while the core fusion reactor FuZE-Q continues development.
Zap Energy Raises Nearly $130 Million to Develop Commercial Fusion Power, Total Funding Reaches $330 Million
Zap Energy, a fusion energy startup based in Everett, Washington, is raising nearly $130 million to advance its goal of developing commercially viable fusion power, bringing its total venture funding to approximately $330 million. The company is part of a growing fusion sector attracting billions in investment aiming to create clean, carbon-free energy.
Zap Energy Debuts Custom FuZE Grill Inspired by Fusion Devices at Everett Headquarters BBQ
Zap Energy, a Seattle-area fusion startup, hosted a summer BBQ at its new Everett headquarters featuring a custom FuZE Grill made by construction company Trico that resembles its fusion devices. The event showcased fusion-themed dishes and attracted about 40 attendees.
Zap Energy Secures $5M DOE Grant for Fusion Power Development with FuZE-Q Device Targeting 2030 Grid Integration
Zap Energy received a $5 million grant from the U.S. Department of Energy to support its development of fusion power using its fourth-generation Z-pinch device, FuZE-Q, aiming for commercial fusion energy by 2030. Despite challenges, the DOE funding serves as a significant national-level endorsement of Zap's work toward achieving fusion breakeven.
Pacific Northwest Startup Funding Drops 35% in 2022, TerraPower Leads Top Rounds with $750M Investment
Venture capital investment in Pacific Northwest startups dropped 35% in 2022, with funding decreasing over 50% in the year's second half amid economic cooling and rising interest rates. Despite this slowdown, some startups like Bellevue-based TerraPower secured significant funding, with its $750 million round leading the top 10 deals that accounted for 44% of total investment in the region.
Seattle's Zap Energy Raises $160M Led by Bill Gates and Creates Plasma in Fusion Prototype
Seattle startup Zap Energy announced a breakthrough in fusion power by creating plasma in its latest prototype and raising $160 million in funding led by Bill Gates' Breakthrough Energy Ventures. The company aims to achieve fusion breakeven by increasing current in its innovative Z-pinch device.
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.
Organizations
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Zap Energy Executive Officer, Director 2019–present, President and Co-Founder 2017–present · current