Heron Power
About Heron Power
A startup focused on developing solid-state transformers for the electric grid, aiming to enhance the efficiency and reliability of power distribution.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | May 16, 2025 | $40.0M | Unknown |
| Series A | May 16, 2025 | $30.0M | Capricorn Investment Group |
Founders
Drew Baglino
Co-Founder & CEO
Investors
Capricorn Investment Group
Venture Capital
Recent Mentions
@dustinhaisler Summary: Former Tesla executive Drew Baglino has launched Heron Power, a startup focused on developing solid-state transformers for the electric grid. The company is raising $30–50 million in a Series A round, led by Capricorn Investment Group. Baglino, who joined Tesla in 2006
@LimitingThe Why would he do this unless BETTER transformers were on the horizon: Drew Baglino, a former Tesla executive, founded a startup called Heron Power to develop solid-state transformers for the electric grid. The company is raising $30–$50 million in a Series A funding round, led by
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