Fuuse

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: £8.7m
• Sector: DeepTech & AI
• Advisor: N/A
• Key Entities: Fuuse, YFM Equity Partners, Par Equity, Angel Syndicate
• Location: Lancaster, UK

Note: 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.