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Heron Power

California, US · Founded 2024 · 111 employees on LinkedIn · 10 known investors

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Heron Power develops power electronics and energy storage systems, leveraging expertise in software and manufacturing. The company is led by Drew Baglino, former Tesla executive responsible for battery and power systems development.

CleantechDeep TechEnergyHardware

Founders & leadership

Heron Power was founded in 2024 by Drew Baglino.

DBDrew Baglino
Drew BaglinoFounderDrew Baglino spent 18 years at Tesla, joining in 2006 as a firmware and electrical engineer and going on to serve as Model S powertrain architect, director of engineering for Tesla Energy, VP of technology, and finally Senior Vice President of Powertrain and Energy from 2019 to 2024. He founded Heron Power in 2024.

Investors · 10

Breakthrough Energy Ventureslisted by Breakthrough Energy VenturesBoston · $500K – $50M

How we know: funding news · techcrunch.com · Not right? Tell us

Congruent Ventureslisted by Congruent VenturesSan Francisco · $100K – $5M

How we know: Congruent Ventures's portfolio page · Not right? Tell us

Energy Impact Partnerslisted by Energy Impact PartnersNew York · $5M – $20M

How we know: Energy Impact Partners's portfolio page · techcrunch.com · the VCSheet dataset · Not right? Tell us

Gigascale Capitallisted by Gigascale CapitalPalo Alto

How we know: techcrunch.com · Not right? Tell us

Valor Equity Partnerslisted by Valor Equity PartnersChicago

How we know: Valor Equity Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Capricorn Investment GroupreportedNew York

How we know: capricornllc.com · Not right? Tell us

Also in the syndicate · 3

Andreessen Horowitz’s (a16z) American Dynamism FundleadAndreessen Horowitz’s American Dynamism FundleadValor Atreides AI Fund

Funding

SEC filings, press & company announcements

$140M disclosed across 1 of 6 rounds · 2025–2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Heron Power went on to found or lead other companies.

Emily KirschInvestorFounded excellent postPari SinghInvestorFounded Flow Engineering

Related companies · 2

Latitude MediaLatitude Media is a news publication covering energy, climate technology, and government policy, including reporting on federal funding, the Department of Energy, and clean energy projects.
Form EnergyForm Energy develops and manufactures low-cost, multi-day iron-air battery systems for long-duration energy storage on the electric grid, serving utilities and project developers primarily in the United States. Founded in 2017, it has begun expanding internationally with its first project in Ireland.

Companies working in the same space as Heron Power.

In the news

Heron Power Raises $140 Million to Build a Next-Generation Power Grid in Series B Co-led by Andreessen Horowitz, Breakthrough Energy Venturesfinance.yahoo.com · Feb 2026Heron Power Raises $140 Million to Build a Next-Generation Power Grid in Series B Co-led by Andreessen Horowitz, Breakthrough Energy Venturesglobenewswire.com · Feb 2026Heron Power Raises $140M in Series B Fundingfinsmes.com · Feb 2026Heron Power Raises $140 Million to Build a Next-Generation Power Grid in Series B Co-led by Andreessen Horowitz, Breakthrough Energy Venturesglobenewswire.com · Feb 2026Heron Power raises $140M to ramp production of grid-altering tech | TechCrunchtechcrunch.com · Feb 2026Heron Power Raises $38M Series A to Accelerate an All-Electric Futureglobenewswire.com · May 2025

Frequently asked questions

What does Heron Power do?
Heron Power develops power electronics and energy storage systems, leveraging expertise in software and manufacturing. The company is led by Drew Baglino, former Tesla executive responsible for battery and power systems development.
Who founded Heron Power?
Heron Power was founded by Drew Baglino in 2024.
Who are Heron Power's investors?
Heron Power's investors include Andreessen Horowitz, Breakthrough Energy Ventures, Congruent Ventures, Energy Impact Partners, Gigascale Capital, Valor Equity Partners, Capricorn Investment Group.
How much funding has Heron Power raised?
Heron Power has disclosed $140M raised across 1 of its 6 known rounds.
Where is Heron Power headquartered?
Heron Power is headquartered in California, US.