<ul><li>Former Tesla executive Drew Baglino has launched a new startup called Heron Power.</li><li>Heron Power is developing solid-state transformers for the electric grid and is raising $30-50 million for a Series A funding round.</li><li>Solid-state transformers are more capable, compact, and can be actively managed, offering improved grid stability.</li><li>Other startups, such as Amperesand, are also attempting to disrupt the transformer market.</li></ul>

Former Tesla exec Drew Baglino’s new startup is rethinking the electrical transformer

Discover more