Gaussion, a London-based DeepTech company pioneering energy intelligence technology for battery packs, today announces the close of a €24.5 million ($28 million) funding round – bringing total funding to over €38 million ($44 million).
The round was co-led by BGF and AlbionVC, with follow-on participation from mobility specialist fund Autotech Ventures, UCL Technology Fund, DN Capital and Future Ventures.
“The race everyone’s watching is about computer chips – but the real prize is the battery. The battery decides whether the giant computers behind AI can keep running. Whether a drone can stay in the sky. Whether a satellite survives out in space. Every battery faces a physics ceiling, and we move that ceiling,” says Tom Heenan, CEO and co-founder, Gaussion.
“Gaussion has made huge strides in a short space of time to validate its technology, scale operations and increase commercial traction. The business possesses a truly differentiated offering, underpinned by an incredibly versatile product, with the potential to address a fundamental performance and cost issue in battery systems. We are delighted to invest in Gaussion for a third time, made more exciting as the deal that took BGF over the threshold of £5 billion invested in UK and Irish businesses,” adds Dennis Atkinson, co-Head of Early Stage at BGF.
Founded in 2022 as a spinout from University College London and the Faraday Institution – the UK’s flagship battery research programme – Gaussion develops MagLiB, a magnetic PCB retrofit system, and Aeon, a proprietary control chip and over-the-air intelligence platform that together create an intelligent control layer inside battery packs.
Gaussion has 66 applications across 17 patent families with commercial programmes spanning automotive, aerospace, grid storage, consumer electronics, and others.
Their technology – which uses an external magnetic field to enable rapid charging – reportedly improves the performance and lifespan of battery systems using proprietary, AI-enabled control software, with no change to battery chemistry or design. The technology works with any lithium-ion battery across a wide range of applications, from charging EVs and drones to powering data centres.
In October 2025, the company moved into a new 40,000 sq ft facility in central London, thereby opening what the company claims to be one of the largest battery R&D locations in Europe.
“Batteries underpin the modern world, from EVs and grids to consumer devices and data centres, yet every battery faces the same fundamental ceiling on performance and lifespan. Gaussion has created a new layer in the battery stack: a magnetic intelligence layer that dramatically lifts performance across any chemistry or format.
“It is a rare opportunity to back a company that touches the entire battery lifecycle, from gigafactory formation to deployment, and we are delighted to continue to support the team as they accelerate the commercial rollout across target verticals,” says Sebastian Hunte, Investment Director, AlbionVC.
Read the orginal article: https://www.eu-startups.com/2026/06/from-charging-evs-and-drones-to-powering-data-centres-london-based-gaussion-raises-e24-5-million/
