Heron Power vs SAP for Utilities
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.
SAP (NYSE: SAP) utility industry software suite with meter-to-cash billing, asset management, and workforce management for electric/gas/water utilities; competing with Oracle Utilities for regulated utility operational systems.
About
SAP for Utilities is SAP SE's (NYSE: SAP) industry-specific software suite for electric, gas, and water utilities — providing customer information systems (CIS), meter-to-cash billing, asset management, workforce management, and operational analytics for the regulated utility industry globally. Part of SAP's $36 billion annual revenue portfolio, SAP for Utilities serves hundreds of major utilities including E.ON, Enel, National Grid, and Pacific Gas & Electric (PG&E) for the core operational systems that bill customers, manage distribution assets, and coordinate field workforce dispatching.
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