US – Bird & Bird Advises Gaussion on $12 Million Series A Round.
International law firm Bird & Bird has guided Gaussion through its successful $12 million Series A funding round. This investment was spearheaded by US-based Autotech Ventures, with additional support from existing investors BGF and the UCL Technology Fund, managed by AlbionVC.
Gaussion specialises in advanced rapid-charging technology for electric vehicle (EV) batteries and other applications, aiming to significantly reduce charging times without compromising battery lifespan.
Established by Dr. Thomas Heenan and Dr. Chun Tan, the company seeks to transform the EV market with affordable and scalable solutions. Their innovations focus on enhancing accessibility and convenience for consumers, thus accelerating the shift to sustainable transportation.
The Bird & Bird team was led by partner Adam Meisels, and associates Albert Mennen and Caitlin Cowan.
Adam Meisels, Corporate partner at international law firm Bird & Bird comments: “It was a pleasure to have assisted Gaussion once again with this milestone transaction. Battery technology is at the forefront of sustainable transportation, and Gaussion is addressing major challenges in the EV ecosystem.
We have a longstanding relationship with Gaussion advising the company on its seed funding round in 2022.This deal highlights Bird & Bird’s market-leading Venture Capital practice as well as our renounced expertise in the EV and battery industry.”
Dr Thomas Heenan, founder and CEO of Gaussion adds: “We are delighted to reach this milestone and were once again very happy with the excellent support from the Bird & Bird team.”
