Gaussion
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Investors
Founders
About
Gaussion is a London-based deeptech battery company founded in 2022 as a spinout from University College London and the Faraday Institution 12. The company develops MagLiB, a magnetic PCB retrofit system, and Aeon, a proprietary control chip and AI-enabled over-the-air intelligence platform 1. Gaussion’s technology applies an external magnetic field to enable rapid charging and to improve the performance and lifespan of lithium-ion battery systems without changing battery chemistry or design 12. Applications range from EV and drone charging to powering data centres 1. In October 2025 the company moved into a 40,000 sq ft facility in central London that it describes as one of the largest battery R&D locations in Europe 1.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-29 | Series B | €24.5M | BGF, AlbionVC | Autotech Ventures, UCL Technology Fund, DN Capital, Future Ventures 123 |
The Series B brings total funding to over €38M ($44M) 123. Future Ventures, led by Steve Jurvetson, joined as a new backer 123.
What Investors Say
Dennis Atkinson, co-Head of Early Stage at BGF: “Gaussion has made huge strides validating its technology and scaling operations” 1.
Sebastian Hunte, Investment Director at AlbionVC: “Batteries underpin the modern world…Gaussion has created a new layer in the battery stack” 1.
What Founders Say
CEO Tom Heenan: “The race everyone’s watching is about computer chips — but the real prize is the battery” 12.
CEO Tom Heenan on the underlying physics: “If you apply a magnetic field to that movement, you can make it more efficient” 3.
Sources
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BeBeez International, “From charging EVs and drones to powering data centres: London-based Gaussion raises €24.5 million,” June 29, 2026. Accessed June 2026. https://bebeez.eu/2026/06/29/from-charging-evs-and-drones-to-powering-data-centres-london-based-gaussion-raises-e24-5-million/↩↩↩↩↩↩↩↩↩↩↩
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Tech Funding News, “Early Tesla and SpaceX investor joins $28M raise for London startup addressing battery limitations in AI,” accessed June 2026. https://techfundingnews.com/gaussion-28m-tesla-investor-battery-startup/↩↩↩↩↩↩
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AOL (syndicated from The Daily Telegraph), “Elon Musk ally backs British electric car battery start-up,” June 2026. Accessed June 2026. https://www.aol.com/articles/elon-musk-ally-backs-british-095307000.html↩↩↩↩