Diligence memo · auto-generated · as of July 2, 2026
Heron Power Electronics Co
Heron Power Electronics Co has raised $182M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Heron Power Electronics Co operates in Manufacturing, based in SCOTTS VALLEY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Heron Power Electronics Co has raised $182M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $138M on 2026-02-06.
Most recent recorded round closed around 2026-02-06.
Valuation (modeled)modeled
Provath models Heron Power Electronics Co at approximately $1.0B (range $799M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 5 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 3.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 98% of Manufacturing peers (3257 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: AeroVironment Inc, Terra CO2 Technology Holdings, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.