Published: December 18, 2025 at 12:55 pm
Fuse Energy has been valued at almost £4 billion in just its third year after raising an additional £52 million in funding.
Europe’s fastest-growing energy company, based in London, said it will accelerate international expansion with the money – beginning with Ireland, Spain and the US.
The round was led by global investors Balderton Capital and Lowercarbon Capital. It featured new investors, including Revolut founder Nik Storonsky’s QuantumLight, and included participation from every major existing backer.
The company was founded in 2022 by ex-Revolut executives Alan Chang and Charles Orr.