# Heron Power funding: rounds and investors > Heron Power has raised $238M across 3 rounds since 2025. Investors include Breakthrough Energy, Valor Equity Partners and Energy Impact Partners. Source: https://millionrounds.com/company/heron-power (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Heron Power* 3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Big Data & Analytics Climate Tech Cloud Energy Raised 2 months ago Follow Heron Power and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fheron-power) Funding summary Updated 5 Nov 2026 **$238M** raised across 3 rounds since 2025, from 3 sources **$38M** Series A **$140M** Series B **$60M** Debt - **Latest round:** Debt, $60M Sept 2026 - **Biggest round:** $140M Series B · Feb 2026 - **Investors:** 13 (3 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$38M** Series A **$140M** Series B **$60M** Debt - **First round:** Series A, $38M - **Biggest round:** $140M - **Usual gap between rounds:** 9 months ## The rounds - **Sept 2026** Debt **$60M** *4 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded - **Feb 2026** Series B **$140M** *5 new* *5 returning* [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) Lead [Andreessen Horowitz's American Dynamism Fund](https://millionrounds.com/fund/andreessen-horowitz-s-american-dynamism-fund) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [SE Ventures](https://millionrounds.com/fund/se-ventures) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Powerhouse Ventures](https://millionrounds.com/fund/powerhouse-ventures-limited) [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) [Valor Atreides AI Fund](https://millionrounds.com/fund/valor-atreides-ai-fund) Reported by TechCrunch SEC filing: $138M sold, first sale Feb 2026 - **May 2025** Series A **$38M** *8 new* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) Lead [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) [JB Straubel](https://millionrounds.com/fund/jb-straubel) [Powerhouse](https://millionrounds.com/fund/powerhouse-ventures-2) [Zach Kirkhorn](https://millionrounds.com/fund/zach-kirkhorn) Reported by TechCrunch SEC filing: $43M sold, first sale May 2025 ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2025 **Series B** 2026 **Debt** 2026 [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) L [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) [Andreessen Horowitz's American Dynamism Fund](https://millionrounds.com/fund/andreessen-horowitz-s-american-dynamism-fund) L [SE Ventures](https://millionrounds.com/fund/se-ventures) [Powerhouse Ventures](https://millionrounds.com/fund/powerhouse-ventures-limited) [JB Straubel](https://millionrounds.com/fund/jb-straubel) ## Everyone who backed them [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **3** rounds, led 1 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **3** rounds [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **3** rounds [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) Family office **2** rounds, led 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds [Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) VC firm **2** rounds [Andreessen Horowitz's American Dynamism Fund](https://millionrounds.com/fund/andreessen-horowitz-s-american-dynamism-fund) Growth equity **1** round, led 1 [SE Ventures](https://millionrounds.com/fund/se-ventures) Corporate VC **1** round [Powerhouse Ventures](https://millionrounds.com/fund/powerhouse-ventures-limited) VC firm **1** round [JB Straubel](https://millionrounds.com/fund/jb-straubel) VC firm **1** round [Valor Atreides AI Fund](https://millionrounds.com/fund/valor-atreides-ai-fund) Growth equity **1** round [Powerhouse](https://millionrounds.com/fund/powerhouse-ventures-2) VC firm **1** round [Zach Kirkhorn](https://millionrounds.com/fund/zach-kirkhorn) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=heron-power). ## Quick answers about Heron Power ### Who invested in Heron Power? Heron Power's investors include Breakthrough Energy, Valor Equity Partners, Energy Impact Partners, Capricorn Investment and Andreessen Horowitz, and 8 more on record. ### How much has Heron Power raised? Heron Power has raised $238M across 3 rounds since 2025. ### When did Heron Power last raise? Heron Power's most recent round was a Debt of $60M in Sept 2026. ### What was Heron Power's biggest round? Heron Power's largest round on record is $140M (Series B), in Feb 2026, led by Breakthrough Energy. ### Who backed Heron Power first? Heron Power's first round on record, in May 2025, was backed by Capricorn Investment, Valor Equity Partners and Breakthrough Energy and 5 others. ### What stage is Heron Power at? Heron Power's latest named round is a Debt, in Sept 2026. ### Where is Heron Power based? Heron Power is based in the United States. ### Who led Heron Power's rounds? Capricorn Investment led the Series A in 2025; Breakthrough Energy led the Series B in 2026. ## Companies like Heron Power In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Oracle** $70B · Nov 2026](https://millionrounds.com/company/oracle) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app