Series B extension · Climate tech

Fuse Energy adds $30m in Series B extension from 20VC and Collaborative Fund

The new investors join the British energy company as it expands generation, engineering and customer operations.

Fuse Energy raised a $30 million extension to its Series B from 20VC and Collaborative Fund, according to a 31 May 2026 report by Nordic9. The financing brought both investors onto the company’s capital table, following the original Series B completed in late 2025.

Founded by former Revolut executives Alan Chang and Charles Orr, Fuse combines energy generation, trading and retail supply. It develops software to forecast demand and balance electricity supply around individual properties.

Subsequent reporting on 4 June outlined plans for a larger London headquarters, recruitment and expansion across Europe and North America. Fuse is also developing a plug-in solar product for households.

Funding history

Series B extension · This round$30M
Undisclosed$70MFollow-on investment$10M

Sources

  1. Fuse USD30m SeriesB extensionnordic9.com · May 31, 2026
  2. Fuse expansion and SeriesB extensioneu-startups.com · Jun 4, 2026