Fuse Energy, Founded by Ex-Revolut Execs, Becomes Europe's Fastest-Growing Unicorn in Three Years
Fuse Energy, a UK-based startup founded by ex-Revolut executives Alan Chang and Charles Orr in 2022, has swiftly become one of Europe's fastest-growing companies. The energy sector reinventor has raised a total of $100 million to date, with Balderton Capital valuing the company at 'north of £750 million', earning it unicorn status in just three years.
Fuse Energy aims to revolutionise the energy sector by building a comprehensive energy stack from scratch. The company owns and operates its own generation assets, including solar and wind farms, in-house trading, hardware installations, and consumer retail. This integrated approach allows Fuse Energy to control the entire journey from 'source to socket', as demonstrated by its recent launch of gas supply for homes using both energy sources.
The company's ambitious expansion plans include covering the entire European market. With a five-fold increase in revenue and scaling to $90 million in annual revenue before its latest funding round, Fuse Energy has proven its ability to innovate and grow. Its energy stack now serves over 150,000 households, with a remarkable 7x year-on-year increase in Q3 2025, making it the UK's fastest-growing energy startup and a global standout. This growth has translated into significant savings for consumers, with Fuse Energy helping households reduce their bills by up to £200 a year.
Fuse Energy's impressive trajectory, from its founding by ex-Revolut executives to achieving unicorn status in just three years, reflects its innovative approach to the energy sector. With a comprehensive energy stack, ambitious expansion plans, and a proven track record of growth and savings for consumers, Fuse Energy is poised to continue disrupting the energy market.
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