Fundz

Fusebox raised €2.6 million in funding led by Soulmates Ventures to scale its SaaS platform and strengthen its European presence.

PRIVATEJan 21, 2025

Amount Raised

€2.6 Million

Round Type

Seed

TallinnEnergyRenewable EnergyEnergy ManagementEnergy Efficiency

Investors

SmartcapEneco VenturesPko BankSoulmates Ventures

Description

Fusebox, a leading flexibility provider in the Baltics, secured €2.6 million to enhance its Virtual Power Plant technology and support global expansion. The funding will also help improve product capabilities and support new hires.

Quick answer

Fusebox raised €2.6 Million in a Seed round, dated January 21, 2025. Investors: Smartcap, Eneco Ventures, Pko Bank and Soulmates Ventures. Fusebox is based in Tallinn, Harju Maakond, Estonia.

How much did Fusebox raise?
Fusebox raised €2.6 Million in a Seed round on January 21, 2025.
Who invested in Fusebox?
Smartcap, Eneco Ventures, Pko Bank and Soulmates Ventures are named as investors in this round.
What does Fusebox do?
Fusebox integrates consumers and energy systems in its flexibility trading platform to enable better integration of renewables, reduce CO2 and earn large and SME consumer money back from energy markets.
Where is Fusebox based and how big is it?
Fusebox is based in Tallinn, Harju Maakond, Estonia. Fundz records about 30 employees.
Who are the decision-makers at Fusebox?
Fundz holds 1 contact at Fusebox. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Fusebox that raised within 45 days of this round, from Fundz verified event records.

  • Hybird Energy raised $2.5M (Seed) on January 28, 2025.
  • ecoplanet raised $16M (Series A) on January 20, 2025.
  • Wallbox raised $10M (Funding Round) on February 24, 2025.
  • Caban raised $123M on February 21, 2025.
  • Scale Energy raised an undisclosed amount (Seed) on February 19, 2025.
  • The Energy Company raised $2M (Pre-Series A) on February 10, 2025.

Who to call at Fusebox, and when

A new round usually means Fusebox is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fusebox raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Fusebox

Location

Tallinn, Harju Maakond, Estonia

About

Fusebox integrates consumers and energy systems in its flexibility trading platform to enable better integration of renewables, reduce CO2 and earn large and SME consumer money back from energy markets.

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Related People

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Predictive Intelligence
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Fusebox raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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