Heron Power Raises $38m to Fast-track Grid Hardware

US power electronics developer Heron Power has closed a Series A funding round, successfully raising $38 million. Following the Series A round, Heron has now raised a total of $43 million. The funding will support the commercialization of its Heron Link product, which aims to replace legacy transformers and power converters by directly connecting rapidly growing energy technologies to medium voltage transmission. 

Drew Baglino, Heron's CEO and founder, said that over the next 12 months, the company will focus on engineering the product, with first field demonstrations expected in mid-2026. It has already secured partnerships with several major energy and data center developers, with partner installations slated for early 2027.

"We’re at an inflection point where clean, abundant energy is ready to come online—but grid interconnection challenges hold us back," said Baglino. "Heron Power aims to bridge that gap. With electrification on a path to triple electricity demand and AI’s exponential need for power, we're moving fast on the opportunity to modernize the grid with more capable hardware.”

Tthe company claims that the product is designed for high power density and ease of maintenance, offering greater reliability and lower costs for renewable energy storage and data center developers.