. A
Lorenz force sweeps the ionized plasma forward, assembling the pinch between the cathode and the wall. Current flows from the
cathode along the plasma to the grounded end cap, ions move in the other direction. Zap Energy's technical origins rely on the work of Dr. Uri Shumlak at the University of Washington, starting in 1995. The Shumlak lab developed custom tools to measure their plasmas. Zap Energy was founded in 2017 as a
research spin-off from the
Fusion Z-pinch Experiment (FuZE) research team at the
University of Washington and collaborations with researchers from
Lawrence Livermore National Laboratory. Zap Energy then built a next generation fusion core, FuZE-Q (2021–present at Zap Energy). Zap achieved their first fusion reaction as a business in 2018, but in November 2021,
Livermore National Laboratory provided an independent and more precise measurement of neutron production inside the flowing pinch, proving that the machine can do fusion with
deuterium fuel. The effort was led by
ARPA-E, where the agency organized fusion teams to support private fusion companies.
2015-2020 From 2015 to 2020, a series of
U.S. Department of Energy grants enabled the team to test their sheared-flow-stabilized Z-pinch reactor at progressively higher energy levels.. In July 2020, Zap Energy raised $6.5 million in
Series A round funding.
2021 In May 2021, Zap closed $27.5 million in
Series B funding including from Addition, Energy Impact Partners, Chevron Technology Ventures, and Lowercarbon Capital. Chevron's financing was the first investment in fusion energy by a major U.S. oil company.
2022 In June 2022, Zap Energy announced first plasmas in their breakeven device (FuZE-Q) and a $160 million
Series C raise backed by Lowercarbon Capital,
Bill Gates's
Breakthrough Energy Ventures,
Shell PLC, Valor, DCVC, Energy Impact Partners,
Chevron, and others.. In October 2022, the Centralia Coal Transition Energy Technology Board awarded a $1 million grant to Zap Energy to fund the costs of assessing the feasibility of constructing a Zap fusion energy pilot plant at the site of the
TransAlta Big Hanaford gas power plant.
2023 In May 2023, Zap Energy was one of eight companies chosen for the
United States Department of Energy Milestone-Based Fusion Development Program.. In June 2023, Zap Energy secured significant new repetitive pulsed power manufacturing capabilities by acquiring the liquidated assets of ICAR. Also in June, Zap Energy was selected as a
World Economic Forum Technology Unicorn, valued at more than one billion USD.
2024 In April 2024, Zap Energy published a research paper showing that FuZE had demonstrated 1–3 keV plasma electron temperatures (11 to 37 million degrees C), the simplest, smallest, and lowest cost device to do so.. In October 2024, the company announced that it closed a $130 million
Series D and had begun operating a platform named Century to do integrated tests of power plant relevant technologies like repetitive pulsed power and liquid metal walls.
2025 In October 2025, announced that their test rig had delivered more than one hundred plasma shots at the rate of one shot every five seconds, delivering 39 (kW).
2026 In March 2026, Zap Energy was named to TIME and Statista’s list of “America’s Top GreenTech Companies of 2026.” The ranking evaluated companies based on environmental impact, innovation, and financial strength. Zap Energy was ranked No. 16 overall, making it the highest-ranked fusion energy company on the list and the top-ranked company headquartered in Washington State. The list included 250 U.S.-based companies across renewable energy, infrastructure, and climate technology sectors. In April 2026, Zap Energy announced that it would be the first company to develop small scale nuclear fission alongside its existing fusion plans. Zap also named Zabrina Johal as the company's new CEO, with cofounder Benj Conway remaining as President. ==Design==