Gaussion is a technology company.
Gaussion develops innovative battery technology, specifically their MagLiB™ charging technology, which enables rapid charging for electric vehicles, enhancing performance and lifespan.
Gaussion has raised $16.0M across 2 funding rounds.
Gaussion has raised $16.0M in total across 2 funding rounds.
Gaussion has raised $16.0M in total across 2 funding rounds.
Gaussion's investors include Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur.
Gaussion is a London-based technology company specializing in fast-charging battery technology for electric vehicles (EVs) and other applications. It develops the MagLiB™ system, which uses an external magnetic field to accelerate ion movement in existing lithium-ion batteries—like LCO, LFP, and NMC chemistries—enabling charges for 200 miles in under 10 minutes while minimizing degradation over 1,000+ cycles.[1][3][4] Founded in 2017 as a UCL spinoff, Gaussion has raised $15.72M total, including a $12M Series A in 2024 led by Autotech Ventures, positioning it for market entry through product sales and licensing.[1][3]
The company serves EV manufacturers, energy storage providers in transportation, construction, mining, residential, and utility sectors, solving key barriers to electrification: long charging times and battery wear that limit adoption.[2][3][4] With seed funding of $3.72M and recent growth, Gaussion shows strong momentum via patents, APC funding, and partnerships advancing magneto-electrochemistry for scalable, compatible upgrades to current and future batteries.[1][3][5]
Gaussion emerged in 2017 from University College London (UCL) labs as a spinoff founded by Dr. Tom Heenan and Dr. Chun Tan, experts in battery science who tackled slow charging and degradation head-on.[3][4] Their breakthrough idea harnessed magneto-electrochemistry—applying magnetic fields to steer ions in lithium-ion cells—building on academic research into electrochemical performance enhancement.[5]
Early traction came via UK Advanced Propulsion Centre (APC) funding for magnetic systems in batteries, alongside seed VC raising $3.72M, with $3.55M just nine months before the Series A.[1][5] Pivotal was the 2024 $12M raise, backed by Autotech Ventures, BGF, and UCL Technology Fund, fueling commercialization and validating the tech's potential to retrofit giants' batteries without core changes.[3]
Gaussion rides the EV electrification wave, where global demand surges but range anxiety and 30-60 minute charges hinder mass adoption amid net-zero goals.[4] Timing aligns with battery giants scaling LFP/NMC output, as Gaussion's non-disruptive upgrade leverages their progress—enhancing exergy efficiency without UCG-like mining dependencies or full redesigns.[1][3]
Market tailwinds include UK lithium processing (e.g., Cornish Lithium) and EU/US incentives for domestic supply chains, amplifying Gaussion's magneto-tech for faster energy transitions.[1] It influences the ecosystem by enabling "battery-safe" fast-charging, potentially standardizing magnetic aids in propulsion like APC's YASA project, and broadening to stationary storage for renewables.[1][3][5]
Gaussion's retrofit magnetic tech positions it to capture fast-charging's $10B+ market slice, with 2025-2026 focused on first product shipments, licensing deals, and pilots in EVs/mining.[3] Trends like solid-state batteries and AI-optimized grids will amplify its compatibility, while rivals lag on degradation fixes. Expect influence growth via OEM integrations, potentially 10x'ing valuation if 1,000-cycle claims scale—transforming "range anxiety" from barrier to relic, as UCL roots hinted from day one.[3][4]
Gaussion has raised $16.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in August 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2024 | $12.0M Series A | Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur | |
| Apr 1, 2023 | $4.0M Seed | Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur |