Zap Energy secures $160 million in Series C funding

Zap Energy is a fusion power generation service provider, mainly engaged in the research, application and promotion of fusion energy technology, and builds a fusion reactor that can use shear flow to stabilize plasma, and generate a magnetic field by driving a current to flow through this magnetic field, thereby Confines and compresses plasma and is committed to providing relevant energy management solutions for industry users. Recently announced that it has received $160 million in Series C financing, led by Lowercarbon Capital. New investors include Breakthrough Energy Ventures, Shell Ventures, DCVC and Valor Equity Partners. Existing investors Addition, Energy Impact Partners and Chevron Technology Ventures also contributed to the round.

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