Fuse Energy raises $70 million at $5 billion valuation
Balderton Capital and Lowercarbon Capital co-led the December 2025 financing.
The round includes Ribbit Capital, Lakestar, Latitude, QuantumLight, Future Positive Capital, Creandum, Accel, Rosberg Ventures and DSquared.
The financing backs a business that combines renewable generation with trading and retail supply. Fuse was also preparing consumer solar and battery products to extend its role from selling electricity into managing how households produce and use it.
Use of funds
Accelerate international expansion
Bring new consumer energy products to market