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Fuuse closes £8.7m Series A round led by YFM Equity Partners to power growth in electric vehicle charging

Jun 05, 2024•about 1 year ago

Amount Raised

£8.7 Million

Round Type

series a

Lancashire

Investors

Angel SyndicatePar EquityYfm Equity Partners

Description

Fuuse, the UK’s leading electric vehicle charge point management platform, has closed an £8.7m Series A round to propel its next phase of growth in the UK and Ireland. The investment will be focused on scaling its enterprise product offer to deliver a trusted and reliable charging experience for charge point operators, destinations, fleets, and workplace charging, as well as providing additional products and services for its network of solutions partners.

Company Information

Company

Fuuse

Location

Lancashire, England, United Kingdom

About

Fuuse is the operating system for EV chargers, powering hardware to cater for the evolving needs of organisations and their EV drivers. Through its intuitive features, Fuuse helps both private and public sectors to get what they need from their EV charging infrastructure. Fuuse users can save energy, reduce costs, access more chargers, resolve problems quickly and generate revenue from their charging network, from one back-office system.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers