/Companies

Zap Energy

Everett, US · Founded 2017 · Washington corporation · 144 employees on LinkedIn · 9 known investors

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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
USUri Shumlak
Uri ShumlakChief Scientist, Co-Founder, Board Member
BNBrian Nelson
Brian NelsonCo-founder · Chief Technology OfficerHe joined Zap Energy in 2019 after more than three decades at the University of Washington, where he conducted fusion and plasma research and is now a research professor emeritus.
BCBenj Conway
Benj ConwayPresident and Co-FounderBenj Conway is a British entrepreneur and former diplomat who co-founded Zap Energy, which develops advanced nuclear systems combining fission and fusion technologies to provide carbon-free electricity and process heat.
ZJZabrina Johal
Zabrina JohalCEOShe came to Zap Energy from AtkinsRéalis, where she served as Senior Vice President for Nuclear Strategy & Commercial, following nearly two decades at General Atomics that culminated in the role of Senior Director of Strategic Development. She began her career as a nuclear engineer and surface warfare officer in the US Navy and has held board and advisory positions with several organizations since 2019.
BA
Brian A. NelsonFounder

Board

CDClay Dumas
Clay DumasBoard directorGeneral Partner at Lowercarbon
UD
Udayan Das RoyBoard director
ASAaron Schildkrout
Aaron SchildkroutBoard directorInvestor at Addition
WL
Wayne LauferBoard director
JS
Jasmin StaiblinBoard director
FC
Frank ChapmanBoard director

Investors · 9

Reported raises · per SEC filings

Form D private placements

$319M disclosed across 4 rounds · 2019–2024

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently 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, Fourth Realm, Leitmotif, Lowercarbon Capital, Valor Equity Partners, Addition and 1 more.
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.