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Fuse Energy

Vertically integrated UK energy supplier and renewables developer built by former Revolut executives.

  • Climate & Energy
  • Series B+
  • London
Sector
Climate & Energy
Stage
Series B+
Based in
London
Founded
2022
Funding raised
Undisclosed

Fuse Energy is a London-based energy company that supplies electricity and gas to UK households and businesses while developing its own renewable generation and battery storage assets. It was founded in 2022 by former Revolut executives Alan Chang, who is chief executive, and Charles Orr, who is chief operating officer. The company has grown quickly by combining a software-led supply business with directly owned generation, and has said it plans to expand into markets including Ireland, Spain and the United States. In December 2025 it raised a $70 million Series B led by Balderton Capital and Lowercarbon Capital at a reported valuation of around $5 billion, with participation from QuantumLight.

Team

  • Alan Chang, Co-founder and CEO
  • Charles Orr, Co-founder and COO

Backed by

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