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 B | Feb 18, 2026 | $140.0M | Andreessen Horowitz (a16z), Breakthrough Energy Ventures, a16zcrypto CSX |
| Series A | Jul 15, 2025 | $16.0M | Insight Partners, Y Combinator, BoxGroup |
| Series A | May 16, 2025 | $40.0M | Zach Kirkhorn, current Tesla |
| Series A | May 16, 2025 | $30.0M | Capricorn Investment Group |
| Series A | Oct 03, 2023 | $38.0M | Capricorn Investment Group, Breakthrough Energy Ventures, Energy Impact Partners +5 more |
Founders
Drew Baglino
Co-Founder & CEO
Tesla alum
Founder & CEO
Investors
Andreessen Horowitz (a16z)
Venture Capital
BoxGroup
Venture Capital
Breakthrough Energy Ventures
Venture Capital
Capricorn Investment Group
Venture Capital
Energy Impact Partners
Venture Capital
Gigascale
Venture Capital
Insight Partners
Venture Capital
JB Straubel
Angel Investor, Entrepreneur
JoinPowerhouse
Venture Capital
Valor Equity Partners
Venture Capital
Y Combinator
Venture Capital
Zach Kirkhorn
Angel Investor
a16zcrypto CSX
Venture Capital
current Tesla
Corporate
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 $30โ50 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 $30โ$50 million in a Series A funding round, led by
New Raise ๐๏ธ Company: Heron Power ๐ Website: https://t.co/J6g1IlP7S7 ๐ Amount: $38 Million ๐ Round: Series A ๐งฎ Valuation: N/A โ๏ธ Industry: Energy, Technology
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
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
Breaking ๐จ ๐จ ๐จ: 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
๐ Exciting news! Heron Power, founded by Tesla alum, has just closed a $38M Series A funding round! ๐ฐโจ This investment will help transform key grid technology, paving the way for a smarter and more sustainable energy future. ๐ฑโก๏ธ #HeronPower #CleanEneโฆ https://t.co/6vsHqGjAyo
New Raise ๐๏ธ Company: Heron ๐ Website: https://t.co/6o1hElyLhY ๐ Amount: $16 Million ๐ Round: Series A ๐งฎ Valuation: N/A โ๏ธ Industry: AI, Financial Services
๐ข Heron ๐๏ธ Financial Services & Fintech ๐ https://t.co/1fIn2ECJNO ๐ 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
Heron Power has raised $140 million in a Series B round to accelerate production of its solid-state transformer technology, bringing total recent funding to $178 million after a $38 million Series A in May. Founded and led by CEO Drew Baglino, the former Tesla powertrain and https://t.co/7wiESK0ElF
๐๏ธ Company: Heron Power ๐ Website: https://t.co/JMglLBmyKo ๐ Amount: $140 Million ๐ Round: Series B โ๏ธ Industry: Energy ๐ Location: Scotts Valley, California, USA
Heron Power: @heronpower Power, a grid technology startup based in Fremont, California, raised $140 million in a Series B round. Founded by former @Tesla executive @drewbaglino02, the company develops and manufactures solid-state transformers specifically designed for the
-> โก๐ญ Heron Power raised $140M Series B led by Andreessen Horowitz & Breakthrough Energy Ventures. The company is building a 40-GW U.S. manufacturing facility for Heron Link, a solid-state transformer that connects solar, batteries & AI data centers directly to the grid,
-> โก๐ญ Heron Power raised $140M Series B led by Andreessen Horowitz & Breakthrough Energy Ventures. The company is building a 40-GW U.S. manufacturing facility for Heron Link, a solid-state transformer that connects solar, batteries & AI data centers directly to the grid,
Heron Power (@heronpower) raised $140M in Series B from @a16z and @Breakthrough to modernize the grid with modular solid-state transformers built for renewables and AI-scale load. @baglino is attacking the hardware bottleneck that will determine how fast power demand can actually https://t.co/m31yOUCqim
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