# Fuse Energy funding: rounds and investors > Fuse Energy has raised $111M across 3 rounds since 2025. Investors include BoxGroup, Creandum and Balderton Capital. Every round with its source. Source: https://millionrounds.com/company/fuse-energy (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # Who invested in *Fuse Energy* 3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Energy Raised 5 months ago Funding summary Updated 26 Oct 2026 **$111M** raised across 3 rounds since 2025, from 3 sources **$69M** Series B **$12M** Series B **$30M** Series B - **Latest round:** Series B, $12M Jun 2026 - **Biggest round:** $69M Series B · Dec 2025 - **Investors:** 6 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$69M** Series B **$12M** Series B **$30M** Series B - **First round:** Series B, $69M - **Biggest round:** $69M - **Between rounds:** 6 months ## The rounds - **Jun 2026** Series B **$12M** *1 new* *1 returning* [Creandum](https://millionrounds.com/fund/creandum) [20VC](https://millionrounds.com/fund/20vc) Source recorded - **Jun 2026** Series B **$30M** *1 new* *1 returning* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) Source recorded - **Dec 2025** Series B **$69M** *4 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Creandum](https://millionrounds.com/fund/creandum) [Lakestar](https://millionrounds.com/fund/lakestar) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2025 **Series B** 2026 **Series B** 2026 [BoxGroup](https://millionrounds.com/fund/boxgroup) [Creandum](https://millionrounds.com/fund/creandum) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Lakestar](https://millionrounds.com/fund/lakestar) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [20VC](https://millionrounds.com/fund/20vc) ## Everyone who backed them [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds [Creandum](https://millionrounds.com/fund/creandum) VC firm **2** rounds [Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **1** round [Lakestar](https://millionrounds.com/fund/lakestar) VC firm **1** round [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round [20VC](https://millionrounds.com/fund/20vc) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fuse-energy). ## Also claim to have backed them These 5 firms list Fuse Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) VC firm Per its own site [Big Bang Ventures](https://millionrounds.com/fund/big-bang-ventures) VC firm Per its own site [QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm Per its own site [KI capital GmbH](https://millionrounds.com/fund/ki-capital-gmbh) Corporate VC Per its own site ## Quick answers about Fuse Energy ### Who invested in Fuse Energy? Fuse Energy's investors include BoxGroup, Creandum, Balderton Capital, Lakestar and Lowercarbon Capital, and 1 more on record. ### How much has Fuse Energy raised? Fuse Energy has raised $111M across 3 rounds since 2025. ### When did Fuse Energy last raise? Fuse Energy's most recent round was a Series B of $30M in Jun 2026. ### What was Fuse Energy's biggest round? Fuse Energy's largest round on record is $69M (Series B), in Dec 2025. ### Who backed Fuse Energy first? Fuse Energy's first round on record, in Dec 2025, was backed by BoxGroup, Balderton Capital and Creandum and 1 others. ### What stage is Fuse Energy at? Fuse Energy's latest named round is a Series B, in Jun 2026. ### Where is Fuse Energy based? Fuse Energy is based in the United Kingdom. ## Companies like Fuse Energy In the same sector, and raised in the last eighteen months. 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