Startup
Heron Power
Heron Power develops industrial power electronics purpose-built for the 21st-century grid, helping the electricity sector to grow faster with scalable, reliable and software-integrated infrastructure.
Funding4 rounds · ~$243M
- Disclosed
- ~$243M
- Latest
- $60.0MDebt · Sep 10, 2026
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Sep 4, 2024 | Undisclosed | $21.0M | Post-money |
| May 29, 2025 | Series A | $201M | Post-money |
| Feb 18, 2026 | Series B | $648M | Post-money |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | Debt | $60.0M | — | JPMorganChase, TriplePoint Capital | — | Confirmed |
| Feb 18, 2026 | Series B | $140M | $648M | Andreessen Horowitz, Breakthrough Energy Ventures | Capricorn Investment Group, Energy Impact Partners, Gigascale Capital | Confirmed |
| May 29, 2025 | Series A | $38.0M | $201M | Capricorn Investment Group | Breakthrough Energy Ventures, Energy Impact Partners, Gigascale Capital, Valor Equity Partners | Confirmed |
| Sep 4, 2024 | Undisclosed | ~$5.3M | $21.0M | — | — | Speculative |
- $60.0MSep 10, 2026
- Series BValuation $648MConfirmed$140MFeb 18, 2026
- $38.0MMay 29, 2025
- UndisclosedValuation $21.0MSpeculative~$5.3MSep 4, 2024
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
Sources6
Profile2
- 1
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "22f34360-9432-4e65-8c6c-4ada69e62c3a", "name": "Heron Power"}”
- 2
Heron Power · Supports Organization · description, Organization · name, Organization · website
“Heron Power develops industrial power electronics purpose-built for the 21st-century grid, helping the electricity sector to grow faster with scalable, reliable and software-integrated infrastructure.”
Funding4
- 3CompanyHeron Power Secures $60 Million Credit Facility and Adds Ex-Tesla CFO Zach Kirkhorn to Its Board
Heron Power · Sep 10, 2026 · Supports Funding round · amount
“announced a $60 million credit facility provided by J.P. Morgan and TriplePoint Capital”
- 4
GlobeNewswire · Feb 18, 2026 · Supports Funding round · amount
“announced the closing of $140 million in Series B financing co-led by Andreessen Horowitz”
- 5
Capricorn Investment Group (GlobeNewswire release) · May 29, 2025 · Supports Funding round · amount
“raised $38 million in Series A funding led by Capricorn Investment Group”
- 6
Forge Global · Supports Funding round · amount, Funding round · post money valuation usd
“09/04/2024 Series A-2 $5.25M $1.03 $21M”
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