Exclusive: Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs' Emerson Collective | TechCrunch
Briefly

Investors have poured money into fusion startups over the last several years, with Zap Energy closing a $130 million round, raising their total to $327 million.
Recent advancements, including a breakthrough at the National Ignition Facility in 2022, have suggested that commercial-scale fusion demonstrations might finally be achievable within a decade.
Zap's approach can be described as 'lightning in a bottle,' using sheared flow stabilized Z-pinch, which generates a magnetic field that compresses plasma.
The motivation behind investor interest is clear: there's an opportunity to tap into the multi-trillion dollar global energy market while helping to decarbonize the economy.
Read at TechCrunch
[
]
[
|
]