Heron Power, founded by former Tesla SVP Drew Baglino, has secured $38 million in Series A funding to develop solid-state transformers (SSTs) modern, intelligent replacements for century-old grid tech. These SSTs promise to be smaller, faster, and AI-integrated, ideal for managing the shift to clean energy, electric vehicles, and decentralized power. Backed by top investors including Breakthrough Energy Ventures and Tesla alumni, Heron aims for first deployments by 2027, positioning itself as a key player in the evolution of smart, resilient infrastructure.
Read full article: https://www.techi.com/heron-power-raises-38m-smart-grid-transformers-ai/
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