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Announced

Completed

Lowercarbon Capital led a $160m Series C round in Zap Energy.

Synopsis

Lowercarbon Capital, a venture capital firm, led a $160m Series C round in Zap Energy, an energy technology company, with participation from Breakthrough Energy Ventures, Shell Ventures, DCVC, Valor Equity Partners, Addition, Energy Impact Partners and Chevron Technology Ventures. “FuZE-Q is the fourth generation of Z-pinch device that we’ve built and is undoubtedly the most ambitious. We designed it to be versatile, resilient and tunable in lots of ways that will be critical as we ramp to higher currents, temperatures and densities,” Brian A. Nelson, Zap Energy Chief Technology Officer.

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