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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
utilities energy providers government agencies
Industry Categories
Climate & Energy Hardware & Electronics Deep Tech
Business Model
Revenue Model B2B sales
Pricing Strategy Project-based pricing
Sales Channels direct sales, partnerships with energy companies
Funding Timeline
Founders
D
Drew Baglino

Co-Founder & CEO

T
Tesla alum

Founder & CEO

Investors
B
BoxGroup

Venture Capital

E
Energy Impact Partners

Venture Capital

G
Gigascale

Venture Capital

I
Insight Partners

Venture Capital

J
JB Straubel

Angel Investor, Entrepreneur

J
JoinPowerhouse

Venture Capital

V
Valor Equity Partners

Venture Capital

Y
Y Combinator

Venture Capital

Z
Zach Kirkhorn

Angel Investor

c
current Tesla

Corporate

Recent Mentions
powersfoss
Powers Foss @powersfoss
May 16, 2025

@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 $30โ€“50 million in a Series A round, led by Capricorn Investment Group. Baglino, who joined Tesla in 2006

machBmachBmach
Here we go again @machBmachBmach
May 16, 2025

@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 $30โ€“$50 million in a Series A funding round, led by

raisingfi
Raising.fi @raisingfi
May 29, 2025

New Raise ๐Ÿ›๏ธ Company: Heron Power ๐Ÿ”— Website: https://t.co/J6g1IlP7S7 ๐Ÿ“Š Amount: $38 Million ๐Ÿ”„ Round: Series A ๐Ÿงฎ Valuation: N/A โš™๏ธ Industry: Energy, Technology

SawyerMerritt
Sawyer Merritt @SawyerMerritt
May 29, 2025

NEWS: Drew Baglino, former Senior VP of Powertrain and Energy at @Tesla, has completed a $38 million Series A funding round for his new company called Heron, which aims to develop next-generation transformers for electric grids. Former Tesla CFO Zach Kirkhorn and current Tesla https://t.co/VghED9buaG

SawyerMerritt
Sawyer Merritt @SawyerMerritt
May 29, 2025

NEWS: Drew Baglino, former Senior VP of Powertrain and Energy at @Tesla, has completed a $38 million Series A funding round for his new company called Heron, which aims to develop next-generation transformers for electric grids. For Tesla CFO Zach Kirkhorn and current Tesla https://t.co/pv4z2CcpdZ

Gee4Godsluv
Gee @Gee4Godsluv
May 29, 2025

Breaking ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ: Heron Power, led by former Tesla executive Drew Baglino, has raised $38M in a Series A round led by Capricorn, with investors including Breakthrough, Energy Impact, Gigascale, JoinPowerhouse, Valor, JB Straubel, and Zach Kirkhorn. Their product, the Heron Link, https://t.co/bLvGQikU2x

_DailyDoseMedia
Daily Dose Media @_DailyDoseMedia
May 29, 2025

๐Ÿš€ Exciting news! Heron Power, founded by Tesla alum, has just closed a $38M Series A funding round! ๐Ÿ’ฐโœจ This investment will help transform key grid technology, paving the way for a smarter and more sustainable energy future. ๐ŸŒฑโšก๏ธ #HeronPower #CleanEneโ€ฆ https://t.co/6vsHqGjAyo

raisingfi
Raising.fi @raisingfi
Jul 15, 2025

New Raise ๐Ÿ›๏ธ Company: Heron ๐Ÿ”— Website: https://t.co/6o1hElyLhY ๐Ÿ“Š Amount: $16 Million ๐Ÿ”„ Round: Series A ๐Ÿงฎ Valuation: N/A โš™๏ธ Industry: AI, Financial Services

vc_chatgpt
VC Guru @vc_chatgpt
Jul 15, 2025

๐Ÿข Heron ๐Ÿ—๏ธ Financial Services & Fintech ๐Ÿ”— https://t.co/1fIn2ECJNO ๐Ÿ“ Heron, a New York and London-based startup founded in 2020, has raised $16 million in a Series A funding round led by Insight Partners, with participation from existing investors Y Combinator, BoxGroup, and