FuseBox balances electricity grid by using already existing energy, instead of fossil fuel generators.
In electricity grid demand and supply of electricity must be balanced in every second. It is a tough job for balancing companies nowadays. Mainly because of massive installation of volatile renewables.
So far, in case of sudden electricity deficit, the balancing company orders more supply from balancing power plants to meet the demand.
FuseBox lowers electricity demand in the whole country to meet the electricity supply. This kind of balancing is cheaper and totally CO2 free. We also avoid building new expensive fossil fuel power plants.
FuseBox focuses on getting the most out of small loads and development of different services from where an aggregator can earn revenue. In this we are unique.
Behing the balancing, FuseBox develops an IT service for trading flexible loads easily and more profitably. As an aggregator we see our future in other developing and opened electricity markets.
In electricity grid demand and supply of electricity must be balanced in every second. It is a tough job for balancing companies nowadays. Mainly because of massive installation of volatile renewables.
So far, in case of sudden electricity deficit, the balancing company orders more supply from balancing power plants to meet the demand.
FuseBox lowers electricity demand in the whole country to meet the electricity supply. This kind of balancing is cheaper and totally CO2 free. We also avoid building new expensive fossil fuel power plants.
FuseBox focuses on getting the most out of small loads and development of different services from where an aggregator can earn revenue. In this we are unique.
Behing the balancing, FuseBox develops an IT service for trading flexible loads easily and more profitably. As an aggregator we see our future in other developing and opened electricity markets.
Employees: 11-50
Total raised: $5.34M
Founded date: 2014
Investors 1
| Date | Name | Website |
| 04.08.2021 | Fly Ventur... | fly.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 20.01.2025 | - | $2.7M | - |
| 09.12.2022 | - | $2.64M | Fly Ventur... |
Mentions in press and media 6
| Date | Title | Description |
| 20.01.2025 | Estonian startup Fusebox secures €2.6 million to help companies integrate renewable energy solutions | Fusebox, a Tallinn-based startup and a leading flexibility provider in the Baltic states, has secured €2.6 million in funding to accelerate its expansion across Europe. The investment, led by Soulmates Ventures with participation from Smart... |
| 13.08.2023 | Europe will strengthen its position in these 3 industries within the next decade | The European startup ecosystem’s decades-long innovation push has already produced widely known brands like Adyen, Klarna, Skype, Spotify, Supercell, Wise, Wolt, and Zalando. And thanks to a strong commitment to the green transition, common... |
| 13.01.2023 | #100 Fusebox [software that helps business save on energy, reduce CO2 emission and even earn] | Podcast Guest: Company: Fusebox Co-founder: Tarvo Õng |
| 09.12.2022 | Estonian Fusebox raises €2.5M to bring energy flexibility software to Europe | Estonian Fusebox raises €2.5M to bring energy flexibility software to Europe 09 December, 2022, 16:14 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Tallinn-based technolo... |
| - | Fusebox OU | “Fusebox is a bridge between consumers and energy markets to save on energy costs and reduce CO2.” |
| - | Fusebox OU | “We are empowering energy companies with our VPP and advanced EMS solutions for a competitive edge in energy management.” |