From: Mercom India
Gaussion, a company developing energy intelligence technology for battery packs, has raised $28 million to scale its battery performance technology.
The funding round was co-led by BGF and AlbionVC. Autotech Ventures, UCL Technology Fund, DN Capital, and Future Ventures, led by Steve Jurvetson, an early investor in SpaceX and Tesla, participated as follow-on investors.
The round brings Gaussion’s total capital raised to more than $44 million since its founding in 2022 as a University College London and Faraday Institution spinout.
The company’s technology uses an external magnetic field to enable rapid charging. Gaussion said the system improves battery performance and lifespan through proprietary, artificial intelligence-enabled control software without requiring changes to battery chemistry or battery design.
Gaussion said the funding will support the scaling of its technology across automotive, aerospace, grid storage, consumer electronics, and artificial intelligence infrastructure.
“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,” said Tom Hennan, CEO and Co-founder, Gaussion.
The additional investment will be used to scale commercial deployment of MagLiB, Gaussion’s magnetic PCB retrofit system, and Aeon, its proprietary control chip and software platform, across the automotive, aerospace, data center, and consumer electronics sectors.
VC funding raised by energy storage companies in Q1 2026 increased 9% YoY, with $1.2 billion in 26 deals compared to $1.1 billion in 18 deals in Q1 2025, and a 44% increase in deal count, according to Mercom’s Q1 2026 Funding and M&A for Energy Storage report.
In June, CeLLife Technologies, a Finnish battery software company, closed a €4 million (~$4.6 million) post-seed funding round. The round included the European Innovation Council, new investors 2C Ventures of Estonia and Butterfly Ventures of Finland, and existing investors, including France-based Ventech.
