About Zap Energy
Zap Energy is a company based in Everett (United States) founded in 2017. It operates as a Green Energy-as-a-Service. Zap Energy has raised $327.71 million across 5 funding rounds from investors including Mizuho Financial Group, Lowercarbon Capital and Breakthrough Energy. Zap Energy offers products and services including Fusion Power Technology. Zap Energy operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, SHINE Technologies and Phoenix, among others.
- Headquarter Everett, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Zap Energy Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$327.71 M (USD)
in 5 rounds
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Latest Funding Round
$130 M (USD), Series D
Jul 15, 2024
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Investors
Mizuho Financial Group
& 15 more
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Employee Count
Employee Count
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Products & Services of Zap Energy
Zap Energy offers a comprehensive portfolio of products and services, including Fusion Power Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fusion power solutions are developed without using magnets.
Funding Insights of Zap Energy
Zap Energy has successfully raised a total of $327.71M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $130 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $130.0M
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First Round
First Round
(09 Sep 2019)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series D - Zap Energy | Valuation | Soros Fund Management | |
| Jun, 2022 | Amount | Series C - Zap Energy | Valuation | Lowercarbon Capital | |
| Apr, 2021 | Amount | Series B - Zap Energy | Valuation | Addition Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zap Energy
Zap Energy has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Mizuho Financial Group, Lowercarbon Capital and Breakthrough Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Climate solutions are advanced via venture capital and startup acceleration.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Shell
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zap Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zap Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zap Energy Comparisons
Competitors of Zap Energy
Zap Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helion, TAE Technologies, General Fusion, SHINE Technologies and Phoenix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
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| domain | founded_year | HQ Location |
FRC nuclear fusion reactors are developed using advanced beam technology.
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| domain | founded_year | HQ Location |
Magnetized nuclear fusion reactors are developed for energy production.
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| domain | founded_year | HQ Location |
Nuclear isotopes are produced using fusion techniques.
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| domain | founded_year | HQ Location |
Hydrogen-based nuclear fusion reactors are developed for power generation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zap Energy
Frequently Asked Questions about Zap Energy
When was Zap Energy founded?
Zap Energy was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Zap Energy located?
Zap Energy is headquartered in Everett, United States. It is registered at Everett, Washington, United States.
Is Zap Energy a funded company?
Zap Energy is a funded company, having raised a total of $327.71M across 5 funding rounds to date. The company's 1st funding round was a Series B of $27.5M, raised on Sep 09, 2019.
What does Zap Energy do?
Fusion power solutions are provided by Zap Energy without the use of magnets. The company focuses on innovative energy technologies aimed at powering the planet sustainably. Research and development in fusion energy are emphasized to create scalable and efficient solutions for global energy needs.
Who are the top competitors of Zap Energy?
Zap Energy's top competitors include Helion, TAE Technologies and General Fusion.
What products or services does Zap Energy offer?
Zap Energy offers Fusion Power Technology.
Who are Zap Energy's investors?
Zap Energy has 16 investors. Key investors include Mizuho Financial Group, Lowercarbon Capital, Breakthrough Energy, Shell Ventures, and DCVC.