FundedIQ
Energy

Heron Power: Funding, Investors & Team (Aug 2026)

Heron Power develops industrial power electronics and hardware solutions designed to modernize how electricity is distributed and used across grids and energy systems. The company’s products include modular solid-state transformer technology, branded as Heron Link, that enables direct conversion between medium-voltage grid inputs and outputs needed for data centers, solar installations, and energy storage systems. Its offerings integrate power conversion, voltage and frequency control, and energy storage support to help manage power flows and grid interactions more effectively. Heron Power also designs configurations tailored to high-density computing environments and utility-scale renewable plants, aiming to reduce reliance on traditional transformer and switchgear architectures. The company builds software-integrated infrastructure that can adapt to evolving electricity demand patterns and connect diverse energy sources with end-use applications.

www.heronpower.com LinkedIn Scotts Valley, United States 101-250 employees
Electrical Distribution Energy Industrial Engineering B2B
Total raised
$140M
Rounds
1
Latest
Series B
Feb 2026

Heron Power has raised $140M across 1 funding round on record, the most recent a Series B of $140M announced in Feb 2026.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Heron Power Company Profile and Key Stats

Total funding raised
$140M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$140M in Feb 2026
Employees
101-250
reported band
Headquarters
Scotts Valley, United States

Latest funding round on record: Feb 2026.

Heron Power Funding Rounds

Date
Round
Amount
Series B
$140M

Heron Power Founders and Leadership Team

Name
Role
Contact
Drew Baglino
Founder
Locked

Contact details for the Heron Power team: 1 of 1 has an email address on file.

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Heron Power Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
29,722
$7.5M
4,289
$30M

Heron Power's latest round of $140M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Heron Power Funding FAQs

What does Heron Power do?

Heron Power develops industrial power electronics and hardware solutions designed to modernize how electricity is distributed and used across grids and energy systems. The company’s products include modular solid-state transformer technology, branded as Heron Link, that enables direct conversion between medium-voltage grid inputs and outputs needed for data centers, solar installations, and energy storage systems. Its offerings integrate power conversion, voltage and frequency control, and energy storage support to help manage power flows and grid interactions more effectively. Heron Power also designs configurations tailored to high-density computing environments and utility-scale renewable plants, aiming to reduce reliance on traditional transformer and switchgear architectures. The company builds software-integrated infrastructure that can adapt to evolving electricity demand patterns and connect diverse energy sources with end-use applications.

How much funding has Heron Power raised?

Heron Power has raised $140M across 1 round on record. The most recent is a Series B of $140M announced in Feb 2026.

When did Heron Power last raise funding?

Heron Power's most recent funding round on record is a Series B of $140M, announced in Feb 2026.

Who founded Heron Power?

FundedIQ lists Drew Baglino (Founder) at Heron Power.

Where is Heron Power headquartered?

Heron Power is based in Scotts Valley, California, United States.

How many employees does Heron Power have?

Heron Power is in the 101-250 employee band.

How does Heron Power's funding compare to other Energy startups?

Heron Power's latest round of $140M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Heron Power Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Heron Power is left off this page rather than filled in.

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