Fuel raised $80 M in a new round of funding on 2022-09-05.

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According to media reports, Fuel raised $80 M in a new round of funding on 2022-09-05. the investors in this funding round include Blockchain Capital,Stratos,CoinFund,Maven 11,Bain Capital Crypto,The Spartan Group,TRGC,Dialectic,ZMT Capital,Blockwall and others. Following this round, Fuel's total funding reached $161 M.
Fuel is an operating system purpose built for Ethereum Rollups. Fuel allows rollups to solve for PSI (parallelization, state minimized execution, interoperability) without making any sacrifices.

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FUEL Fundraising History
RoundAmountValuationTimeInvestor(s)
--$80 M--2022-09-05Blockchain Capital,Stratos,CoinFund,Maven 11,Bain Capital Crypto,The Spartan Group,TRGC,Dialectic,ZMT Capital,Blockwall
Key Milestones
  • 2024-12-19
    $FUEL was live for trading
  • 2024-10-16
    Fuel was live on mainnet
  • 2024-05-31
    Fuel launches final test network on Sepolia network
  • 2022-09-06
    Fuel raised $ 80 M in funding round
  • 2021-09-21
    Fuel raised $ 1.5 M in Seed round
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