Heron Power

Private

Develops solid-state transformer technology for the modern electrical grid, replacing century-old transformer designs with modular, software-integrated power electronics. The flagship product, Heron Link, enables renewable energy, battery storage, and AI data center developers to connect directly to medium-voltage grids.

Founders Drew Baglino

CEO Drew Baglino

Company

Founded

2024

Headquarters

Scotts Valley, US

Financials

Total Funding

$183M

Sectors

Climate Tech Productivity Hardware

heronpower.com

Funding History

3 rounds

Series B Feb 18, 2026

$140M

Andreessen Horowitz (Lead) Breakthrough Energy Ventures (Lead) Capricorn Investment Group Energy Impact Partners Gigascale Capital

Series A May 29, 2025

$38M

Capricorn Investment Group (Lead) Breakthrough Energy Ventures Energy Impact Partners Gigascale Capital Powerhouse Ventures Valor Equity Partners JB Straubel Zach Kirkhorn

Seed Oct 1, 2024

$5M

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.