Zap Energy
Everett, US · Founded 2017 · Washington corporation · 7 known investors
Zap Energy develops advanced nuclear systems built on a shared platform that combines fission and fusion technologies to deliver firm, carbon-free electricity and process heat in modular, deployable formats. Its reactors target applications including AI and data center infrastructure, remote and mining sites, industrial power and heat, logistics electrification, and national security facilities.
Founders & leadership
Zap Energy was founded in 2017 by Benjamin Conway, Uri Shumlak, Brian Nelson, and Benj Conway.
BC
Benjamin ConwayCo-founder
US
Uri ShumlakCo-founder
BN
Brian NelsonCo-founder
BC
Benj ConwayinPresident and Co-Founder
Board
CD
UD
Udayan Das RoyBoard director
AS
Aaron SchildkroutBoard director
WL
Wayne LauferBoard director
JS
Jasmin StaiblinBoard director
FC
Frank ChapmanBoard director
Investors · 7
Breakthrough Energy VenturesBoston · $500K – $50M
DCVC (Data Collective)Palo Alto · $5M – $25M
Energy Impact PartnersNew York · $5M – $20M
LeitmotifPalo Alto
AdditionreportedNew York · $1M – $500M
Emerson Collective InvestingreportedPalo Alto · $100K – $1M
Lowercarbon CapitalreportedNew York · $100K – $5M
Reported raises · per SEC filings
Form D private placements$319M disclosed across 4 rounds · 2019–2024
▶$130MraisedJul 2024 · 40 investors · Other EnergyRule 506(b)
▶$130MraisedJul 2024 · 40 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Clay DumasDirector
- Benjamin ConwayExecutive Officer, Director
- Udayan Das RoyDirector
- Uri ShumlakDirector
- Aaron SchildkroutDirector
- Brian NelsonExecutive Officer, Director
- Offering amount
- $130M
- Amount sold
- $130M
- First sale
- Jul 2024
- Incorporated
- Corporation, Washington
- Federal exemptions
- 06b
▶$162.6MraisedJul 2022 · 15 investors · Other EnergyRule 506(b)
▶$162.6MraisedJul 2022 · 15 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Brian NelsonExecutive Officer, Director
- Benjamin ConwayExecutive Officer, Director
- Wayne LauferDirector
- Aaron SchildkroutDirector
- Uri ShumlakExecutive Officer, Director
- Jasmin StaiblinDirector
- Clay DumasDirector
- Frank ChapmanDirector
- Offering amount
- $162.6M
- Amount sold
- $162.6M
- First sale
- May 2022
- Incorporated
- Corporation, Washington, 2017
- Federal exemptions
- 06b
▶$25.2MraisedApr 2021 · 8 investors · Other EnergyRule 506(b)
▶$25.2MraisedApr 2021 · 8 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Benjamin ConwayExecutive Officer, Director
- Uri ShumlakExecutive Officer, Director
- Aaron SchildkroutDirector
- Wayne LauferDirector
- Brian NelsonExecutive Officer, Director
- Jasmin StaiblinDirector
- Frank ChapmanDirector
- Offering amount
- $27.5M
- Amount sold
- $25.2M
- First sale
- Apr 2021
- Incorporated
- Corporation, Washington, 2017
- Federal exemptions
- 06b
▶$1.1MraisedSep 2019 · 1 investors · Other EnergyRule 506(b)
▶$1.1MraisedSep 2019 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Wayne LauferDirector
- Brian NelsonExecutive Officer, Director
- Uri ShumlakExecutive Officer, Director
- Benjamin ConwayDirector
- Offering amount
- $7.2M
- Amount sold
- $1.1M
- Proceeds to insiders
- $926.6K
- First sale
- Aug 2019
- Incorporated
- Corporation, Washington, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlap
F49 shared keywordsFuse Energy develops fusion energy technology, with work spanning hardened electronics and radiation testing (HEART) and recycling of radioactive waste, aiming to provide an on-demand clean energy source. It brings together a team across engineering, fusion science, energy policy, and manufacturing.
Pacific Fusion37 shared keywordsPacific Fusion is developing a high-gain pulsed magnetic inertial fusion system designed to achieve net facility gain, using a modular fast electric pulser, a meter-scale fusion chamber, and small fuel containers. The company aims to produce affordable, on-demand fusion power to meet global energy demand and address climate change.
Helion Energy33 shared keywordsHelion develops fusion energy systems designed to generate clean electricity for commercial use. The company builds pulsed magnetic fusion prototypes with applications for industrial and commercial electricity generation.
Companies competing with Zap Energy for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Fusion startups with over $100M raised: A 2026 funding landscapestockpil.com · Aug 2026Frequently asked questions
- What does Zap Energy do?
- Zap Energy develops advanced nuclear systems built on a shared platform that combines fission and fusion technologies to deliver firm, carbon-free electricity and process heat in modular, deployable formats. Its reactors target applications including AI and data center infrastructure, remote and mining sites, industrial power and heat, logistics electrification, and national security facilities.
- Who founded Zap Energy?
- Zap Energy was founded by Benjamin Conway, Uri Shumlak, Brian Nelson, Benj Conway in 2017.
- Who are Zap Energy's investors?
- Zap Energy's investors include Breakthrough Energy Ventures, DCVC (Data Collective), Energy Impact Partners, Leitmotif, Addition, Emerson Collective Investing, Lowercarbon Capital.
- How much funding has Zap Energy raised?
- Zap Energy has disclosed $319M raised across 4 rounds.
- Where is Zap Energy headquartered?
- Zap Energy is headquartered in Everett, US.