About Fuse Energy
Fuse Energy is a company based in London (United Kingdom) founded in 2022 by Alan Chang and Charles O.. Fuse Energy has raised $157.98 million across 3 funding rounds from investors including Accel, Multicoin Capital and Lakestar. Fuse Energy operates in a competitive market with competitors including Octopus Energy, OVO Energy, EDF Energy, Bulb and Ostrom, among others.
- Headquarter London, United Kingdom
- Founders Alan Chang, Charles O
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tesseract Limited
- Date of Incorporation 01 Jun, 1994
- Jurisdiction BRISTOL
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$157.98 M (USD)
in 3 rounds
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Latest Funding Round
$70 M (USD), Series B
Dec 18, 2025
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Investors
Accel
& 14 more
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Employee Count
Employee Count
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Funding Insights of Fuse Energy
Fuse Energy has successfully raised a total of $157.98M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $70 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $70.0M
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First Round
First Round
(07 Sep 2022)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Fuse Energy | Valuation | Balderton Capital , Lowercarbon | |
| Jul, 2025 | Amount | Seed - Fuse Energy | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - Fuse Energy | Valuation | Balderton Capital , Lakestar |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fuse Energy
Fuse Energy has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Multicoin Capital and Lakestar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Early-stage companies in fintech and multiple sectors are invested in.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fuse Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fuse Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fuse Energy Comparisons
Competitors of Fuse Energy
Fuse Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, OVO Energy, EDF Energy, Bulb and Ostrom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
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| domain | founded_year | HQ Location |
Renewable energy is supplied via app-based platform by OVO Energy.
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| domain | founded_year | HQ Location |
Electric utility company
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| domain | founded_year | HQ Location |
Renewable gas and electricity are supplied online in the UK.
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| domain | founded_year | HQ Location |
Solar-powered electricity is delivered via an app-based platform.
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| domain | founded_year | HQ Location |
Electricity from renewable sources is supplied through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fuse Energy
Frequently Asked Questions about Fuse Energy
When was Fuse Energy founded?
Fuse Energy was founded in 2022.
Where is Fuse Energy located?
Fuse Energy is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Fuse Energy?
Alan Chang is the current CEO of Fuse Energy. They have also founded this company.
Is Fuse Energy a funded company?
Fuse Energy is a funded company, having raised a total of $157.98M across 3 funding rounds to date. The company's 1st funding round was a Seed of $78M, raised on Sep 07, 2022.
What does Fuse Energy do?
Fuse Energy was founded in 2022 in London, United Kingdom, within the renewable energy sector. Cost-effective electricity options are delivered to users, with operations centered on building a full-stack business model. Services include tariffs designed for affordability, enhanced customer support, and commitments to environmental sustainability, supporting the shift toward greener energy practices globally.
Who are the top competitors of Fuse Energy?
Fuse Energy's top competitors include Octopus Energy, OVO Energy and Ostrom.
Who are Fuse Energy's investors?
Fuse Energy has 15 investors. Key investors include Accel, Multicoin Capital, Lakestar, Balderton Capital, and Ribbit Capital.