Gaussion

Investor: BGF, AlbionVC

London-based battery intelligence startup Gaussion has successfully secured a $28 million (£21.2 million) growth funding round co-led by BGF and AlbionVC, bringing its total capital raised to date to $44 million. Summary of transaction details: Value: $28 million (£21.2 million) Growth Round. Sector: DeepTech & AI / ClimateTech / Battery Technology Advisor: Not disclosed. Key Entities: Target: Gaussion; Co-Lead Investors: BGF, AlbionVC; Follow-on Institutional Investors: Autotech Ventures, UCL Technology Fund, DN Capital, Future Ventures; Key Founders: Dr. Tom Heenan (CEO), Dr. Chun Tan. Location: London, UK. Note: Spun out from University College London (UCL) and the Faraday Institution in 2022, Gaussion is bypassing traditional battery chemistry innovations to optimize existing hardware from the outside. While the global market scrambles to develop complex new cell chemistries to support power-hungry AI data centers, electric vehicles, and defense drones, Gaussion’s solution utilizes an external magnetic field during charging cycles. Supported by 66 patent applications across 17 patent families, their core hardware framework ("MagLiB") and smart control chip ("Aeon") work symmetrically to safely steer ions inside any standard lithium-ion cell. This application allows commercial batteries to achieve rapid charging speeds in minutes and dramatically curtails internal cell degradation, extending the lifespan of unchanged components. Notably, this round marks the addition of Steve Jurvetson’s Future Ventures to the cap table, joining early Tesla backer Simon Rothman on Gaussion’s board. The milestone transaction also represents the definitive deal pushing BGF past £5 billion in total lifetime investments. The £21.2m injection will directly fund the commercial scaling of its 14 active pilot programmes and leverage their massive new 40,000 sq ft R&D facility in central London—one of the largest specialized battery infrastructure labs in Europe.

Investor: Autotech Ventures

Gaussion, a University College London spinout, has secured £9.5 million in Series A funding led by Autotech Ventures to commercialize its magnetic field-based battery enhancement technology, which accelerates EV charging speeds while reducing cell degradation.Summary of transaction details:Value: £9.5 millionSector: DeepTech & AIAdvisor: N/AKey Entities: Gaussion (target), Autotech Ventures (lead investor), BGF, UCL Technology FundLocation: United KingdomNote: The funding supports Gaussion’s transition from university research to commercialization, addressing critical EV adoption barriers through a cost-effective, chemistry-agnostic solution with broad industrial applications.

Investor: BGF, AlbionVC, Autotech Ventures, UCL Technology Fund, DN Capital, Future Ventures

Gaussion, a London-based company founded in 2021, specializing in energy intelligence technology for battery packs, has secured £21 million in a Growth funding round.Summary of transaction details:Value: £21 millionSector: EnergyAdvisor: Not mentionedKey Entities: Target: Gaussion; Investors: BGF, AlbionVC, Autotech Ventures, UCL Technology Fund, DN Capital, Future VenturesLocation: LondonNote: This investment will support Gaussion in advancing its proprietary energy intelligence technology for battery packs, addressing critical needs in the sustainable energy and electric vehicle sectors.

Investor: BGF, UCL Technology Fund