Summary
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 million
- Sector: DeepTech & AI
- Advisor: N/A
- Key Entities: Gaussion (target), Autotech Ventures (lead investor), BGF, UCL Technology Fund
- Location: United Kingdom
Note: 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.
Lead Investor / Acquirer
Autotech Ventures
Advising Broker
Undisclosed Firm
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Series A prioritisedOriginal Source
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