As reported by HashNews, Fuse Energy, a DePIN project built on Solana, has successfully completed a $70 million B-round funding, raising its valuation to $5 billion. The round was led by Lowercarbon Capital and Balderton Capital.
Fuse Energy Completes $70M B-Round Funding, Valuation Hits $5B
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Summary
Fuse Energy, a DePIN project built on Solana, has announced a major project funding news update: it has closed a $70 million B-round, pushing its valuation to $5 billion. The round was led by Lowercarbon Capital and Balderton Capital. This project announcement marks a key milestone for the team. The funding will support continued development and expansion across its decentralized infrastructure network.
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