Deal History
Investor: Par Equity and YFM Equity Partners
Fuuse, an electric vehicle charging software company, has raised £6 million from its existing investors, Par Equity and YFM Equity Partners, to accelerate growth and move closer to profitability. Summary of transaction details: Value: £6 million Sector: Software & SaaS Advisor: None Key Entities: Fuuse, Par Equity, YFM Equity Partners Location: UK Note: The investment in Fuuse reflects the growing demand for electric vehicle charging infrastructure software as the UK scales up to meet its zero-emission vehicle targets, and the company's growing influence in the sector has been underlined by a string of major milestones.
Investor: Par Equity, YFM Equity Partners
Investor: YFM Equity Partners
Fuuse, the UK’s leading electric vehicle charge point management platform, has secured £8.7m in Series A funding to accelerate its growth across the UK and Ireland.Summary of transaction details:Value: £8.7mSector: DeepTech & AIAdvisor: N/AKey Entities: Fuuse, YFM Equity Partners, Par Equity, Angel SyndicateLocation: Lancaster, UKNote: The funding round is led by YFM Equity Partners with participation from existing investors Par Equity and an angel syndicate. Fuuse has grown by 400% in the last 12 months and serves over 750 clients, processing enough electricity annually to power the whole of the UK for an hour. The investment will focus on scaling its enterprise product and expanding into V2G, wireless induction, and fleet charging solutions.
Investor: Par Equity
Investor: Par Equity, Kevin Beales
Funding Timeline
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- Company Number
- 10189845
- Status
- Active
- Registered Address
- The Chapel, Upper Floor White Cross Business Park, South Road, Lancaster, LA1 4XQ, England
- SIC Codes
- 62012 — Business and domestic software development63110
- Persons with Significant Control
- Mr Michael John Gibsonsignificant influence or control
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