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Heron Power

Energy · Scotts Valley, CA · Founded 2024 · Privately Held (backing)

Developer of industrial power electronics designed to modernize electricity infrastructure for a rapidly evolving grid. Heron Power is based in Scotts Valley, CA and was founded in 2024. It was valued at $675 million at its early-stage round in Feb 2026, the last priced event on record. It has raised $183 million across 2 recorded rounds; the latest was a $140 million Series B in Feb 2026.

PMV mark · valuation
$675.0M
Oct 2026
Priced at
its early-stage round
Feb 2026
Total raised
$183.3M
Last round
Series B
Feb 2026

Heron Power key facts

as of Oct 2026
  • Developer of industrial power electronics designed to modernize electricity infrastructure for a rapidly evolving grid.
  • Heron Power is valued at approximately $675.0M as of Oct 2026, set at its early-stage round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $183.3M across 2 recorded rounds; the latest was Series B ($140.0M) in Feb 2026.
  • Notable investors include Andreessen Horowitz, Valor Equity Partners, Breakthrough Energy, Energy Impact Partners, Gigascale Capital — 9 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$675.0M

Valued at $675.0M at its early-stage round, Feb 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Heron Power funding rounds

2 rounds
Feb 2026Series B$140.0M▮
May 2025Series A$38.0M▮
Full funding history →

Heron Power valuation

Heron Power was valued at $675 million at its early-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Heron Power raised?

Heron Power has raised $183 million across 2 recorded rounds since 2025. The largest was a $38 million Series A in May 2025; the most recent was a $140 million Series B in Feb 2026.

Heron Power investors

9 investors are on record for Heron Power, including Andreessen Horowitz, Valor Equity Partners, Breakthrough Energy and Energy Impact Partners.

Comparable companies

Comparable energy names by valuation on PrivateMarketView: Oxford PV ($1.2 billion), Amogy ($700 million) and Echion Technologies ($187 million).

About Heron Power

Developer of industrial power electronics designed to modernize electricity infrastructure for a rapidly evolving grid. The company offers integrated solid-state transformer and modular medium-voltage inverter platforms with software-integrated architecture, high efficiency, resilient design, and grid-forming controls, providing utilities, data centers, and renewable energy operators with reliable, scalable, and cost-efficient power infrastructure.

Industry
Energy
Sector
Energy
HQ
Scotts Valley, CA, United States
Founded
2024
Employees
69
Ownership
Privately Held (backing)

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