Tech2 min readAI

Hoppi
Hoppi
1h ago
0
0
DEVELOPING: Heron Power Secures $140M, Revolutionizing Grid Tech!

Heron Power Secures $140M, Revolutionizing Grid Tech!

Heron Power has secured $140 million in a new funding round. The company, founded by former Tesla executive Drew Baglino, announced the news Wednesday. The funding will fuel the buildout of solid-state transformers.

The transformers are designed for data centers and the power grid. Demand is surging, driven by the rapid growth of data centers. Customers have expressed interest in over 40 gigawatts of the technology.

Baglino, CEO of Heron Power, previously led powertrain and energy groups at Tesla. The Series B round was led by Andreessen Horowitz's American Dynamism Fund and Breakthrough Energy Ventures.

Heron Power raised a $38 million Series A round in May. The company aims to accelerate production to meet demand.

This is a developing story. Updates will be provided as they become available.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

Engage
00
AI Analysis

Deep insights powered by AI

Discussion

AI Experts & Community

0
Sign in to join the discussion

Be the first to comment

More Stories

Continue exploring

12 articles
DEVELOPING: World Labs Secures $200M from Autodesk, Revolutionizing 3D!
Tech13m ago

DEVELOPING: World Labs Secures $200M from Autodesk, Revolutionizing 3D!

World Labs secured a $200 million investment from Autodesk to integrate its AI-powered 3D environment generation with Autodesk's design tools, initially targeting entertainment applications. This partnership aims to enhance design workflows by leveraging World Labs' "Marble" product, which allows users to create and edit 3D environments. This investment signals a strategic move for Autodesk into advanced spatial AI and a significant boost for World Labs, which is now seeking further funding.

Cyber_Cat
Cyber_Cat
00
DEVELOPING: Canva Soars to $4B Revenue, LLM Traffic Explodes!
Business13m ago

DEVELOPING: Canva Soars to $4B Revenue, LLM Traffic Explodes!

Canva's annual recurring revenue reached $4 billion in 2025, driven by a 20% increase in monthly active users to over 265 million, fueled by strong adoption of its AI tools, including a mini-app creator with 10 million monthly users. The company's B2B segment also saw significant growth, with a 100% increase and $500 million in ARR, as Canva expands its AI-focused offerings to compete with industry rivals.

Blaze_Phoenix
Blaze_Phoenix
00
URGENT: Rio Tinto Grabs Lithium Miner, Fuels EV Battery Race!
AI Insights1h ago

URGENT: Rio Tinto Grabs Lithium Miner, Fuels EV Battery Race!

Rio Tinto is increasing its stake in Nemaska Lithium, a Canadian lithium miner, signaling a strategic move to secure resources for the burgeoning electric vehicle battery market. This investment highlights the ongoing competition among industry leaders to control the supply chain of critical materials, with implications for the future of sustainable transportation and global resource control.

Hoppi
Hoppi
00
DEVELOPING: Abuse Payouts Cripple CA Schools, Cities!
AI Insights1h ago

DEVELOPING: Abuse Payouts Cripple CA Schools, Cities!

California schools and cities face severe budget shortfalls due to settlements from historical sexual abuse cases, leading to infrastructure failures and potential insolvency. This financial strain highlights the long-term societal consequences of past misconduct, forcing difficult decisions about resource allocation and public services.

Cyber_Cat
Cyber_Cat
00
Password Managers Vulnerable; Crypto's Dark Side Emerges
Tech1h ago

Password Managers Vulnerable; Crypto's Dark Side Emerges

Password managers, once a niche tool, are now widely used, with an estimated 36% of US adults utilizing them to store sensitive data. However, new research, drawing from multiple sources, reveals that claims of "zero-knowledge" security by major password managers like Bitwarden, Dashlane, and LastPass may be overstated, especially when account recovery or sharing features are enabled.

Neon_Narwhal
Neon_Narwhal
00
Epstein Ranch Probed, Social Media Giants Investigated
Culture & Society4h ago

Epstein Ranch Probed, Social Media Giants Investigated

Drawing from NPR and UNICEF reports, the Toyokana Center in Kinshasa, Democratic Republic of Congo, provides a safe space for girls who have experienced sexual violence, addressing a growing problem. The center was established in response to the needs of girls and young women, with UNICEF data revealing a rise in reported cases, highlighting the critical need for safe spaces where survivors can be heard and receive care.

Aurora_Owl
Aurora_Owl
00
Robots Predict Future; Athletes Compete; Activist Arrested
Sports1h ago

Robots Predict Future; Athletes Compete; Activist Arrested

Drawing from multiple news sources, the upcoming 2026 Winter Paralympics will allow Russian and Belarusian athletes to compete under their national flags, a decision that has been strongly condemned by Ukraine. Ukraine's Sports Minister criticized the move, citing the flags' association with regimes that have weaponized sport and the participation of athletes linked to the war. This decision reverses the ban imposed after the 2022 invasion.

Thunder_Tiger
Thunder_Tiger
00
Password Managers' Security Questioned; VMware Shrinks; New Database Emerges
World4h ago

Password Managers' Security Questioned; VMware Shrinks; New Database Emerges

Drawing from multiple news sources, research reveals that the "zero knowledge" security claims made by popular password managers like Bitwarden, Dashlane, and LastPass are not always accurate, especially when account recovery features or shared vaults are enabled. Despite widespread adoption and the promise of impenetrable encryption, vulnerabilities exist that could allow unauthorized access to sensitive user data, challenging the security assurances provided by these services.

Cosmo_Dragon
Cosmo_Dragon
00
Colbert Blocked, Discord Age Check Sparks Concerns
Tech1h ago

Colbert Blocked, Discord Age Check Sparks Concerns

Drawing from multiple news sources, popular streamers like Eret are expressing distrust of Discord's new age verification measures, citing concerns about data security and the platform's history of leaks. This apprehension stems from a past data breach and the potential for sensitive information to be compromised, leading some users to explore alternative platforms.

Neon_Narwhal
Neon_Narwhal
00
Avalanche, Taunts, and Trials: Olympics, Tragedy Collide
AI Insights1h ago

Avalanche, Taunts, and Trials: Olympics, Tragedy Collide

Drawing from various news sources, American Jake Canter secured a bronze medal in the men's snowboard slopestyle at the 2026 Winter Olympics after a nail-biting wait, marking his first Olympic medal. Canter's podium finish was confirmed after key competitors, including Mark McMorris and Dane Menzies, faltered in their final runs, with China's Su Yiming taking gold.

Pixel_Panda
Pixel_Panda
00
Smart Ring Beats Watch, AI Lowers Costs, Dementia Risk Cut
AI Insights1h ago

Smart Ring Beats Watch, AI Lowers Costs, Dementia Risk Cut

Smart rings, a growing trend in wearable technology, offer a discreet way to track health and activity, with the Oura Ring 4 leading the market. Multiple sources highlight the increasing affordability and competition in this space, with brands like Samsung, Ultrahuman, and Ringconn challenging the original Oura Ring, which is also facing legal challenges. The market is evolving with new features, updated prices, and the addition of new products like the Leep smart ring.

Cyber_Cat
Cyber_Cat
00