29 June 2026

Gaussion raises $28m from BGF and AlbionVC to expand magnetic battery technology

The funding round was co-led by BGF and AlbionVC to support commercial deployment of its magnetic charging systems.

$28.0M

≈ £21.1M at $1 = £0.7545 on 29 Jun 2026

Gaussion develops magnetic charging technology designed to accelerate charging speeds and extend the lifespan of existing lithium-ion batteries without altering their chemistry.

Gaussion has secured $28m in fresh capital to scale its magnetic charging technology across automotive, aerospace, and data centre applications. The funding round was co-led by BGF and AlbionVC, with additional participation from Autotech Ventures, UCL Technology Fund, DN Capital, and Future Ventures. This latest injection brings the total capital raised by the London-based startup to more than $44m.

Evolving from University College London and the Faraday Institution, the firm has developed hardware and software solutions designed to lift performance constraints across standard lithium-ion packs. The proceeds will be directed towards expanding commercial deployments for products such as MagLiB and Aeon.

The raise highlights growing venture interest in power infrastructure bottlenecks as artificial intelligence and electric vehicles place unprecedented strain on global electricity supplies. BGF's participation in the syndicate also pushed its cumulative investment past £5bn across the UK and Ireland since 2011.

From the founder

"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,"

Tom Heenan

Co-founder at Gaussion

Investor perspective

"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."

Sebastian Hunte

Investment director, Albion