Bird & Bird advises Gaussion on $12 million Series A funding round
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International law firm Bird & Bird has advised Gaussion on its $12 million Series A funding round. The investment was led by US-based Autotech Ventures with participation from existing investors BGF and UCL Technology Fund, managed by AlbionVC.
Gaussion specialises in rapid-charging technology for electric vehicle (EV) batteries and other applications and aims to significantly reduce charging times while maintaining battery lifespan.
Founded by Dr Thomas Heenan and Dr Chun Tan, the company aims to revolutionise the EV market with cost-effective and scalable solutions. Their advancements aim to make EVs more accessible and convenient for consumers, driving the transition 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.”