GAUSSION RAISES $12M TO REVOLUTIONIZE BATTERY CHARGING
Summary
"Gaussions approach aims to expand the solution space by introducing a new variable, rather than displacing or replacing existing technologies," said Alexei Andreev, co-founder and managing director of Autotech Ventures. "In many applications, we are observing that efforts to rapidly electrify are delayed or blocked due to the cost of raising the ceiling of battery performance," said Tom Heenan, Gaussion CEO and co-founder. "Dennis Atkinson, investor at BGF, commented: "Gaussion is an innovative business that has developed a unique solution to one of the most pressing issues in the EV battery space. "David Grimm, Partner UCL Technology Fund said, "Slow charging speed and battery degradation are currently limiting the wide-scale adoption of electric vehicles and the broader energy transition. Dr. Tom Heenan and Dr. Chun Tan, co-founders of Gaussion, have managed to solve this problem by building an innovative solution from their university labs into a scaling company.