Former Tesla exec Drew Baglino’s new startup is rethinking the electrical transformer

Admin1 year ago03 mins

Former Tesla executive Drew Baglino has a new startup developing solid-state transformers for the electric grid, Axios reported. The new company, Heron Power, is raising between $30 million to $50 million for a Series A, according to the report, with Capricorn Investment Group pegged to lead the round. Baglino was a longtime employee at Tesla,…

#Former watch trader is now building the AWS of grid storage, Terralyr

Admin2 years ago07 mins

Phillip Man was burned out. He had founded a watch trading company with his flatmate, but the grind was wearing him down. “We did that for ten years,” Man said. “It’s very difficult to keep yourself motivated when you know the whole reason for your operation is to sell expensive stuff to wealthy people.” He…