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Posted on: May 19, 2021, 1:01 p.m.
New funding: Zap Energy raised a $27.5 million Series B round to fuel development of its fusion reactor that “can become one of the key enablers for a sustainable global energy future,” according to its CEO Benji Conway. The tech: Founded in 2017, the Seattle-based startup has built a reactor that can stabilize plasma by using sheared flows — fluid flow caused by forces — versus magnetic fields. The idea is to reduce the cost of and shorten the path … Full investment news article