<ul><li>Heron Power, a startup founded by former Tesla executive Drew Baglino, has raised $38 million in a Series A funding round.</li><li>The company is working on solid-state transformers that are more compact and responsive compared to traditional analog models, which play a crucial role in the electrical grid by managing voltage levels.</li><li>Heron Power specializes in medium-voltage transformers with various applications, from large substations to residential areas.</li><li>The company plans to begin installations in early 2027 and has secured investments from several notable entities including Capricorn Investment Group, Breakthrough Energy Ventures, and Tesla co-founder JB Straubel.</li></ul>

Tesla alum’s Heron Power closes $38M Series A to transform key grid technology

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