Fuse raises $12 million for renewable energy DePIN project, led by Multicoin Capital

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ODAILY
09-13
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Odaily Odaily News: Renewable energy company Fuse announced the completion of a $12 million strategic financing led by Multicoin Capital, bringing the company's total financing to date to $90 million. According to the press release, the company plans to use the funds to launch Project Zero, a renewable energy DePIN project: "As an integrated energy company, Fuse provides distributed energy (DER) installation, power trading and power retail. The company currently manages 18 MW of renewable energy projects and another 300 MW of renewable energy projects are in preparation. Fuse Energy is a subsidiary of Fuse and is a vertically integrated electricity retailer." (CoinDesk)

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