Solana-Based DePIN Project Fuse Energy Completes $70M B-Round Financing

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On December 18, the Solana-based DePIN project Fuse Energy announced a $70 million B-round financing. The round was led by Lowercarbon Capital and Balderton Capital, valuing the project at $5 billion. The project team has been working to expand its decentralized energy infrastructure since its launch.
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