Heron Power Raises $140 Million to Build a Next-Generation Power Grid in Series B Co-led by Andreessen Horowitz, Breakthrough Energy Ventures

Heron Power Raises $140 Million to Build a Next-Generation Power Grid in Series B Co-led by Andreessen Horowitz, Breakthrough Energy Ventures

Heron Power announced the closing of $140 million in Series B financing to accelerate U.S. manufacturing of energy infrastructure....

Heron Power raises $140M to ramp production of grid-altering tech

Tesla alumni Drew Baglino raises a large round to build a giga-scale factory, this time at his own startup.

Heron Power raises $140M to modernize electrical transformers

Since the late 1800s , the grid has used more or less the same devices to convert electricity to different voltages. They’re called transformers — and they’re in increasingly short supply as power demand surges nationwide. A crop of startups wants to solve that problem and modernize transformer technology at the…

Heron Power Raises $140M Series B To Build 40-GW U.S. Manufacturing Facility For Its Solid-State Heron Link Transformer Technology

Heron Power has secured $140 million in Series B financing to establish a 40-gigawatt manufacturing facility for its solid-state transformer technology, Heron Link. Co-led by Andreessen Horowitz and Breakthrough Energy Ventures, this funding aims to modernize energy infrastructure, improve delivery efficiency, and address increasing electricity demand while reducing complexity and costs. The post Heron Power Raises $140M Series B To Build 40-GW …

Heron Power raises $140M to build 40GW US solid-state transformer manufacturing facility

Energy infrastructure company Heron Power Inc. announced today that it has raised $140 million in new funding to build a 40-gigawatt, highly automated U.S. manufacturing facility for Heron Link, the company’s solid-state transformer solution for critical energy and artificial intelligence data center projects. Founded in 2024 by former Tesla Inc. executive Drew Baglino, Heron Power […] The post Heron Power raises $140M to build 40GW US solid-sta…

Ex-top Tesla engineer raises $140 million to rewire the electric grid

Heron Power, backed by Andreessen Horowitz and Breakthrough Energy, is scaling up production of solid-state transformers that move power from renewable energy systems to the grid more efficiently. A conventional high-voltage transformer. (Getty) Heron Power, founded by former Tesla senior vice president Drew Baglino, has raised $140 million to build an automated factory for solid-state transformers—hardware designed to move electricity from sola…