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High Tech Series A Founded 2014

fuse.io

Fuse operates an EVM-compatible, proof-of-stake Layer-1 blockchain purpose-built for consumer-scale payment applications, running since 2019. The platform provides a vertically integrated chain-to-consumer stack combining the Fuse L1 blockchain, SDK tools and APIs, and consumer applications in one network. Fuse enables businesses to launch wallets, payment apps, and DeFi products with transaction costs of $0.0001…

📍 Tel Aviv, Israel · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$5M
Date9 May 2022
Total raised$5M
Team size15

About

Fuse operates an EVM-compatible, proof-of-stake Layer-1 blockchain purpose-built for consumer-scale payment applications, running since 2019. The platform provides a vertically integrated chain-to-consumer stack combining the Fuse L1 blockchain, SDK tools and APIs, and consumer applications in one network. Fuse enables businesses to launch wallets, payment apps, and DeFi products with transaction costs of $0.0001 per transaction, approximately 1,000 times cheaper than Ethereum, with sub-2-second finality and 99.9% uptime. The network has processed over 135 million transactions and hosts more than 150 live ecosystem projects and integrations. Fuse's developer tools include FuseBox for shipping gasless, account-abstracted Web3 apps on iOS and Android with full ERC-4337 infrastructure, Fuse Console for managing API keys and deploying smart contracts via a no-code Web3 assistant at a flat $50 per month, and Fuse Bridge for moving assets between Fuse and Ethereum, BNB Chain, Arbitrum, and Polygon. The platform supports AI agent payments with native support for x402, MPP, and MCP protocols, enabling AI agents to discover, transact, and settle autonomously on-chain. Consumer applications built on Fuse include a non-custodial neobank offering up to 10%+ stable APY with a Visa card, a self-custodial wallet for digital dollar access in Southeast Asia, and a decentralized exchange. Founded in 2014 and headquartered in Tel Aviv, Israel, Fuse has raised $5.0M in Series A funding from investors including Tectona, Collider, Blockchain Founders Fund, Wolfedge, GAINS Associates, and Viola FinTech.

Business model

Blockchain Infrastructure > Blockchain Network > Finance > Payments,

Cryptocurrencies > Coins > Payments

Institutional investors

Tectona Collider Blockchain Founders Fund Wolfedge GAINS Associates Viola FinTech Paul Forster

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