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

Heron Power, a startup founded by Tesla alumni Drew Baglino, has raised $140 million in funding to ramp up the production of its grid-altering technology. The company aims to build a giga-scale factory to manufacture its innovative products. Baglino, who previously served as Tesla's Vice President of Engineering, is leading Heron Power's efforts to develop technology that can significantly impact the power grid. The startup's undisclosed technology is designed to enhance the reliability and efficiency of the electrical infrastructure, potentially transforming the way energy is generated and distributed. The large funding round, led by several prominent investors, underscores the potential of Heron Power's technology and the growing demand for solutions that can modernize the aging power grid. The company plans to use the funds to scale up production, expand its team, and further refine its grid-altering technology. This latest venture by a former Tesla executive highlights the continued influence of the electric vehicle pioneer in shaping the future of the energy sector.