Heron Power vs Eaton Corp
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.
Eaton Corp (ETN) reported $24.9B revenue in FY2024, up 8% YoY. Global leader in power management for data centers, utilities, and industry. ~100,000 employees. HQ: Dublin, Ireland.
About
Eaton Corporation plc is a multinational power management company headquartered in Dublin, Ireland (with operational HQ in Beachwood, Ohio). Founded in 1911, Eaton is one of the world's largest industrial companies specializing in electrical components, systems, and services for commercial, industrial, utility, and data center applications. Eaton reported revenues of $24.9B in FY2024, up 8% year-over-year, with a market capitalization of approximately $130B.
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