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Lancaster-based EV platform raises £6m on path to profitability

Published: October 13, 2025 at 9:10 am

Author: Patrick Killeen

Electric vehicle charge point management platform Fuuse has raised £6 million in follow-on investment as it continues its journey towards profitability.

The round, led by existing investors YFM Equity Partners and Par Equity, follows a period of strong performance from the Lancaster-based business, which has more than doubled recurring revenues since its last investment.

The business provides a software platform that helps organisations optimise and manage their EV charging infrastructure.

It has rapidly expanded its footprint, working with major partners such as Arnold Clark and Be.EV, and recently entered new international markets including Italy and Sweden.

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