Follow-on investment · Climate tech
Fuse Energy secures $10 million follow-on investment
Lowercarbon Capital and Balderton Capital back the UK energy supplier’s expansion.
Fuse Energy announced a follow-on investment on 24 July 2025 from Lowercarbon Capital and Balderton Capital. The $10 million financing was reported at €8.5 million by EU-Startups.
The company combines renewable generation, trading, energy supply and installations. The funding supports international expansion, research and product development, including AI-powered app features. The announcement coincided with its entry into the UK domestic gas market.
Use of funds
International expansion
Product development and research
AI-powered app features
Funding history
Follow-on investment · This round$10M