Heron Power raises $140M to build electrical equipment for AI data centers

Heron Power, the energy startup led by ex-Tesla VP Drew Baglino, raised a $140M Series B to build a 40GW US manufacturing facility for advanced electrical equipment. The company targets both renewable energy and AI data center projects. The raise addresses a critical bottleneck in the AI buildout: the shortage of electrical infrastructure needed to connect massive data centers to the power grid. Heron's equipment sits between generation and compute.

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