a year ago

Fuuse Secures £8.7M Series A Funding to Expand EV Charge Point Management Platform

  • Fuuse, a UK-based provider of an electric vehicle charge point management platform, has raised £8.7 million in Series A funding led by YFM Equity Partners, with participation from existing investors Par Equity and an angel syndicate

  • The company plans to use the funds to further expand its operations in the UK and Ireland

  • Fuuse's platform enables enterprise-level charge point operators and EV charging solutions to grow their businesses through white-labelling, flexible payment solutions, dynamic pricing, and other features

  • Fuuse works with a range of clients, including SSE, Scottish Power, and British Airways, and is involved in grant-funded projects to optimize energy consumption through bi-directional charging.

      • ProblemTechnology

      "Businesses that operate EV charging networks struggle to scale their operations, manage payments efficiently, and optimise energy consumption."

      Solution

      "Fuuse provides a software platform that simplifies the management of EV charging networks by offering features such as white-labelling, flexible payment solutions, dynamic pricing, access management, booking controls, maintenance tracking, energy management, driver support, and roaming capabilities. This helps businesses grow their EV charging businesses, increase revenue, and optimise costs."

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