Fuse Energy is building a vertically integrated renewable energy company that combines generation, real-time power trading, and consumer products. Founded in 2022 by former Revolut executives, the company has raised $100 million in funding. Its stated mission is to deliver a terawatt of renewable energy.
The company operates across several technical domains, including renewable energy generation, real-time power trading, decentralized energy networks, and smart grid balancing. It also targets industry verticals such as consumer energy, grid stability, and AI data centers.
Its primary product, the Energy Network, is a decentralized platform of smart devices. It rewards users in Energy Dollars for electrifying their homes, shifting energy usage to off-peak hours, and helping to balance the grid. The company claims its model can deliver energy at costs 30% lower than traditional suppliers.
