$5.0B
The residential electricity provider secured the valuation following rapid customer growth and backing from investors including Lowercarbon Capital and Balderton.
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Fuse Energy
Fuse Energy supplies households with affordable and transparent electricity.
London, UK—Founded 2022
$5.0BTotal raised
A London-based residential electricity provider founded in 2022 by former Revolut executives to offer cheaper and cleaner power.
Founders
Alan Chang
Co-founder
Alan previously spent six years scaling operations and revenue at Revolut before founding Fuse Energy.
LinkedInCO
Charles Orr
Co-founder
Investors
- $5.0BLowercarbon CapitalFollow-on
BaldertonFollow-on
- $10.0MBaldertonLead
Funding history
$10.0M
The follow-on investment was led by Lowercarbon Capital and Balderton Capital to support international growth and technology development.