“Can a Revolut-pedigree team rebuild the entire energy supply chain — from generation to billing — as a vertically integrated tech-first utility, and apply fintech-grade UX to displace incumbent suppliers across the UK and Europe?”
Founded in 2022 by former Revolut executives Alan Chang and Charles Orr, Fuse Energy entered the UK electricity supply market with a technology-first approach aimed at owning the entire energy value chain from source to socket. By mid-2025, it had scaled to 50,000 homes and $90M in annualised revenue before expanding into domestic gas. The company has attracted significant venture backing from fintech-adjacent investors (Ribbit, Accel, Multicoin) alongside climate-focused funds, suggesting an ambition to embed financial-style UX and fintech infrastructure into the energy customer experience.
Fuse Energy was founded by Alan Chang and Charles Orr and is founded in 2022, headquartered in London, UK.
Fuse Energy has raised €85 million+ in total (latest round: Follow-on, December 2025 / July 2025; valuation: €4.2 billion ($5 billion post-money, December 2025)).
Get a read on where your own stack stands against Fuse Energy and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.