Zap Energy builds fusion energy technology that confines and compresses plasma using a method without costly magnetic coils, aiming for a compact and scalable system with reduced capital needs relative to traditional approaches. The company has produced verified fusion plasmas continuously since 2018 and targets scientific energy breakeven on its FuZE-Q plasma device platform. It operates as Zap Energy, Inc., with co-founders Benj Conway as CEO, Brian A. Nelson as Chief Technology Officer, and Uri Shumlak as Chief Science Officer. Investor directors include Aaron Schildkrout and Clay Dumas. The technology focuses on fusion power generation to support commercial electricity production. Zap Energy has raised over $200 million in funding, including a $160 million Series D round in 2023, and maintains operations toward net energy gain.