Fuse Energy

Company Profile

Fuse is on a mission to deliver low-cost clean energy, unlocking a world of prosperity for all and a future of superabundance. We do this in three key ways. First, by providing low-cost energy today to UK consumers through vertical integration. By owning and optimising every layer of energy generation and supply, we are able to cut costs across the entire value chain. We are already delivering energy at around 30 percent cheaper than the rest of the industry. Second, through the Energy Network. The biggest blocker to clean energy is the grid, which was designed for a world of coal and fossil fuels. We are upgrading this system through a decentralised network of smart devices in our customers’ homes. This approach rewards users while unlocking capacity for both demand and supply. The more clean energy we connect, the lower the cost of energy becomes. Third, through the rapid expansion of utility-scale solar and residential solar across the UK. We are just getting started. We have already been named the UK’s fastest-growing startup by The Times, and we are Europe’s fastest-growing energy startup. Last year, we grew by 484 percent in the UK. This year, we are expanding into the US and Europe. We are backed by investors including Multicoin, Balderton, Lakestar, Accel, Creandum, Lowercarbon, Ribbit and Box Group, as well as strategic angels such as Nico Rosberg, the co-founder of Solana, and GPs behind Meta, Revolut, Airbnb and Uber. Our team includes alumni from Revolut, Tesla, SpaceX and CERN, to name a few.