Undisclosed · Climate tech

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

Funding history

Undisclosed · This round$70M

Sources

  1. Fuse Energy hits $5bn valuation in its third yearbalderton.com · Dec 18, 2025
  2. Fuse Energy secures funding to scale energy operationseu-startups.com · Dec 18, 2025