Fuse, a developer of decentralized renewable energy networks, announced the closing of a $12 million strategic funding round led by Multicoin Capital with participation from Solana co-founder Anatoly Yakovenko and others, which Fuse plans to use to launch Project Zero, a decentralized renewable energy physical infrastructure network.
Fuse currently operates utility-scale solar and wind power plants and has distributed energy resource (DER) installation, electricity trading and retail electricity businesses.