Tech Company Financing Transactions

Heron Power Funding Round

Andreessen Horowitz, Breakthrough Energy Ventures and Capricorn Investment Group invested in a $140 million Series B venture round for Heron Power. This venture round was recorded on 2/18/2026.

Transaction Overview

Company Name
Announced On
2/18/2026
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to build a 40-gigawatt, highly automated U.S. manufacturing facility for Heron Link, its solid state transformer solution for critical energy and AI data center projects.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4742 Scotts Valley Drive
Santa Cruz, CA 95066
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Heron Power is building cutting-edge power electronics for the 21st-century grid. We aim to debottleneck the growth of electricity generation and consumption with scalable, innovative, and less costly hardware solutions, accelerating the electrification of everything.
Profile
Heron Power LinkedIn Company Profile
Social Media
Heron Power Company Twitter Account
Company News
Heron Power News
Facebook
Heron Power on Facebook
YouTube
Heron Power on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Loukas Dimitriou
  Loukas Dimitriou LinkedIn Profile  Loukas Dimitriou Twitter Account  Loukas Dimitriou News  Loukas Dimitriou on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/18/2026: Pharmacelera venture capital transaction
Next: 2/18/2026: Wayflyer venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on every notable VC transaction. VC transactions on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary