Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs' Emerson Collective [TechCrunch]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: TechCrunch
of the more recent beneficiaries of their beneficence is Zap Energy , an Everett, Washington-based startup that's pursuing a clever approach to harnessing the power of the stars. The company recently closed a $130 million round, according to an SEC filing, bringing the total to $327 million, according to PitchBook. Only four fusion startups have raised more The new round was led by Soros Fund Management with participation from new investors BAM Elevate, Emerson Collective, Mizuho Financial Group, and Xplor Ventures. Existing investors also re-upped, including Breakthrough Energy Ventures, Chevron Technology Ventures, Energy Impact Partners, Lowercarbon Capital, and Shell Ventures. More investors may be named later. The clever quip about fusion power is that it's always “a decade away,” and that's probably still the case. But investors have grown bullish as recent advancements, including a 2022 breakthrough at the National Ignition Facility, have suggested that commercial-scale dem
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MFG
Sec Filings
- 8/14/24 - Form 6-K
- 8/13/24 - Form 13F-NT
- 7/31/24 - Form 6-K
- MFG's page on the SEC website