Heron Power vs ABB Ability
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $140M Series B (Feb 2026) led by a16z American Dynamism and Breakthrough Energy Ventures. Founded by ex-Tesla SVP Drew Baglino. Factory targeting 40 GW annual capacity.
About
Heron Power develops solid-state transformers (SSTs) — a semiconductor-based replacement for the century-old copper-and-iron transformers that form the backbone of the electrical grid. The company raised $140 million in Series B financing in February 2026, led by Andreessen Horowitz's American Dynamism fund and Breakthrough Energy Ventures. Heron was founded by Drew Baglino, former Senior Vice President at Tesla who led Tesla's energy storage products including Megapack, and is targeting a manufacturing facility capable of 40 gigawatts of annual SST production capacity.
ABB (NYSE: ABB) industrial IoT platform connecting 70M+ devices for predictive maintenance and performance analytics; $32.2B revenue competing with Siemens MindSphere and GE Digital for industrial digital transformation.
About
ABB Ability is ABB Ltd's (NYSE: ABB) digital industrial platform — an integrated suite of IoT software, analytics, and cloud services connecting ABB's physical industrial equipment (robots, motors, drives, power systems) to real-time monitoring, predictive maintenance, and performance optimization applications. ABB generated $32.2 billion in total revenue in fiscal year 2024, with digital and software services (including ABB Ability) representing a growing share of the industrial automation and electrification company's revenue as customers shift from equipment-only to outcome-based service models.
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