Fuuse has secured £6 million in follow-on funding led by existing investors YFM Equity Partners and Par Equity, as the business continues its rapid growth and progresses towards profitability.
The round follows a period of strong performance from the Lancaster-based business, which has more than doubled recurring revenues since its last investment.
Fuuse provides a software platform that helps organisations optimise and manage their EV charging infrastructure. The business has rapidly expanded its footprint, working with major partners such as Arnold Clark and Be.EV, and recently entered new international markets including Italy and Sweden.
Fuuse, which has been recognised as one of the UK’s fastest-growing software companies by GP Bullhound, has also expanded through acquisition, including the purchase of Everyday EV’s assets and now manages over 150,000 customer calls a year through its driver support service.
YFM first invested in Fuuse in 2024, supporting the business’s mission to drive the transition to cleaner, more sustainable transport through innovative technology.
