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§ Private Profile · London, United Kingdom
Develops magneto-electrochemistry technology for battery applications, focusing on this niche area of chemical engineering.
Gaussion is a London, United Kingdom-based technology enterprise that develops advanced magneto-electrochemistry solutions specifically designed to enhance commercial battery performance and rapid charging capabilities. The firm focuses on applying external magnetic fields during the charging cycle to actively steer ions within existing lithium-ion battery cells, thereby reducing chemical degradation and significantly decreasing charging times for electric vehicles. To support its ongoing research and commercialization efforts across the broader energy storage sector, the company recently secured £12 million in a Series A funding round, bringing its total capital raised to approximately £14.8 million. This strategic financial backing was led by Autotech Ventures, with continued equity participation from prominent institutional investors including BGF and the UCL Technology Fund. Gaussion was originally established as an academic spinout from University College London in 2021 by co-founders Thomas Heenan and Chun Tan.
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 Autotech Ventures, Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur.
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 | Status |
|---|---|---|---|---|
| Aug 1, 2024 | $12M Series A | Autotech Ventures | Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur | Announced |
| Apr 1, 2023 | $4M Seed | — | Albion VC, Business Growth Fund, Clean Growth Fund, Parkwalk Advisors, SOSV, Duran Cesur | Announced |
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]