BGF has backed the water technology provider with new funding to accelerate product development and overseas expansion.
"In 2019, we set out on a mission to become water industry innovators by blending technology and engineering to drive down water loss and protect the environment."
The round was led by Soulmates Ventures with backing from institutional investors and the S100 Angel Investment Club.
"The home is the quiet giant of electrification. Over 70% of charging already happens there. Accurate, automated payments give businesses confidence to electrify faster, while cutting costs and carbon. Thanks to our investors and partners, we’re now bringing that capability to fleets across Europe."
The seed round was led by Soulmates Ventures with participation from Blackwood Ventures, Unruly Capital and Purple Ventures.
"We’re building the payments infrastructure that will make EV charging effortless for fleets. The home is the quiet giant of electrification. Over 70% of charging already happens there. Accurate, automated payments give businesses confidence to electrify faster, while cutting costs and carbon. Thanks to our investors and our partnership with Octopus, we’re now bringing that capability to fleets across Europe."
The Truro-based energy management provider secured backing from The FSE Group as part of a £300k round.
"Green Power Solutions has demonstrated a proven market fit with its innovative software platform. The company’s strong customer base, robust distribution agreements, and motivated management team make it a compelling investment opportunity. We believe the business has the potential to deliver a significant return on investment, and we are excited to support them on this journey."
The investment round was led by existing backers YFM Equity Partners and Par Equity.
"Fuuse continues to go from strength to strength. The team has built a scalable platform that’s helping shape the future of EV charging infrastructure in the UK and beyond. This follow-on investment reflects our continued confidence in both the business and its leadership as they deliver on their mission to make EV charging smarter, more efficient, and more accessible."