Fuse Energy Raises $70M Series B on Solana, Valuation Reaches $5 Billion
On December 18, COINOTAG News reported that Fuse Energy, a Solana-based DeFi project, has closed a $70 million Series B financing round. The round was co-led by Lowercarbon Capital and Balderton Capital, valuing the company at approximately $5 billion.
Proceeds will accelerate product development and ecosystem expansion within the Solana DeFi space, reinforcing investor confidence in scalable on-chain financial primitives. The milestone signals sustained venture appetite for Solana-native DeFi infrastructure and reinforces Fuse Energy’s strategic position within the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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