- Zap Energy, a Seattle WA-based company that specializes in fusion energy technology, raised $27.5m in Series B funding
- The round was led by Addition, with participation from Energy Impact Partners, GA Capital and Fourth Realm, Chevron Technology Ventures and LowerCarbon Capital
- The company also intends to use the funds to advance its reactor technology
- Zap Energy is advancing sheared-flow stabilized (SFS) Z-pinch reactor which requires no magnetic fields or auxiliary heating
- The technology builds on work first pioneered by the FuZE team at University of Washington together with Lawrence Livermore National Laboratory
- Zap Energy is based in Seattle, WA
