Originally incorporated as Fuel Financial, Inc., the company now operates as Fuel Labs. It is a technology-focused organization building foundational infrastructure for blockchain scaling. Its core product, Fuel, is the fastest modular execution layer, aiming to solve Ethereum's scalability limitations without sacrificing security or decentralization. Fuel achieves this through parallel transaction execution, a superior developer experience with its own domain-specific language (Sway) and toolchain (Forc), and its custom Fuel Virtual Machine (FuelVM). The project has raised significant capital from prominent venture capital firms in the Web3 space and is focused on enabling the next generation of decentralized applications.

Founded in

United States