The new startup of the former Tesla Exec Drew Baglino is a rethinking of the electric transformer

Former CEO of Tesla Drew Baglino has a new startup developing hard transformers for the electricity network, Axios reportedS

The new company, Heron PowerIt collects between $ 30 million to $ 50 million for Serie A, according to the report, with Capricorn’s investment group attached to lead the circle.

Baglino was a longtime employee at Tesla, starting with the company in 2006, two years before Elon Musk took over the CEO. He rose through the rows, designing the power unit for the first Svr model and a leading engineering for Tesla battery storage products before being declared a senior Vice President of Powertrain and Energy.

Backlino left Tesla last AprilAt the same time, the company fires 10% of its staff.

When the Heron Power Baglino was founded, it has dealt with some of the electrical network that has not observed much innovation for more than a century. The transformers were largely unchanged during this time and after they were comoditated, the greater part of them were already made abroad.

The allocated transformers are more capable than existing transformers, regulating voltage declines, which can arise from solar panels and wind turbines. They are also much more compact, they can quickly move from one power source to another and can be actively controlled, enhancing the stability of the network.

Heron Power is not the only startup that hopes to shake the transformer market. Singapore -based Amperesand is also In the process of lifting a series a After closing a 12.5 million dollars of seeds circle In early 2024, like Heron, Amperesand also counted Tesla graduates among its executive ranks.