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Fuse Energy raised £7.5 million in a recent funding round, boosting its valuation to over $1 billion, led by various investors. The company, co-founded by former Revolut executives, aims to provide cheaper, cleaner energy to UK homes.

Jul 26, 2025•5 months ago

Amount Raised

£7.5 Million

LondonRenewable EnergyEnergy

Description

Fuse Energy, co-founded by Alan Chang and Charles Orr, has raised a total of £75 million since its inception. The latest funding round of £7.5 million has valued the company at over $1 billion. The company supplies 50,000 UK homes with cleaner energy and aims to save households money. Fuse Energy has quickly transitioned from start-up to unicorn status in just three years.

Company Information

Company

Fuse Energy

Location

London, England, United Kingdom

About

Fuse Energy is a renewable energy company co-founded by former Revolut executives Alan Chang and Charles Orr in 2022. They launched their services to consumers a year later, quickly growing to unicorn status within three years. The company supplies electricity to 50,000 UK homes, emphasizing cheaper and cleaner energy solutions. Fuse claims to save the average household between £150 and £200 annually through its innovative approach to energy generation and procurement.

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