Participated · Series A · Jun 2024

Fuze Technology is a Los Angeles-based IoT company that operates a network of IoT utilities backed by data-driven advertising. Its flagship product, chargeFUZE, provides a pay-per-use mobile charging solution. The company’s adFUZE product delivers contextually relevant content to targeted audiences by combining its IoT hardware and software. Led by CEO Brandon Afari, Fuze plans to use the $11.5M Series A to accelerate demand and support international expansion. The company also intends to invest the proceeds in new product innovations. The Series A involved both strategic and institutional partners, including live-entertainment and venue investors named in the round. ChargeFUZE provides high-speed, on-the-go mobile charging via a network of autonomous kiosks where users scan a QR code to rent an all-in-one portable charger. The service removes the need to buy a battery, carry charging cords, or use tethered public chargers. Its kiosk network is expanding to span over 40 states and more than 50 professional sports stadiums and has been deployed at major venues and events such as Crypto.com Arena, SoFi Stadium, the US Open, Super Bowl LVI and the Miami F1 Grand Prix. The company partners with venue operators and property owners including Simon Property Group, Live Nation Entertainment, Unibail-Rodamco-Westfield, Brookfield Properties and Oak View Group. Co-founded by Brandon Afari and Ryan Levy and based in Los Angeles, ChargeFUZE intends to use recent funding to scale its team, expand its global partner roster, accelerate growth, and explore new sectors of interest. The company announced a $5M Seed funding round in May 2022.