# mPower Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mpower-technology

- Industry: Materials
- Headquarters: Albuquerque, US
- Website: www.mpowertech.com
- Total disclosed funding: $38M
- Latest round: Series B (Aug 26, 2025)
- Investors on record: 7

## About

Founded in 2015 in Albuquerque, US, mPower Technology, Inc. specializes in ultralight solar-cell technology, developing solutions for energy generation in space environments, primarily through their flagship product, DragonSCALES™.

## Funding rounds

- Series B, Aug 26, 2025, $2.9M — Lockheed Martin Ventures
- Series B, Apr 11, 2025, $21M — Razor's Edge Ventures, Shield Capital
- Series B, Jan 21, 2022, $10M — Cottonwood Technology Fund, Hemisphere Ventures
- Series A, Mar 24, 2020, $1.9M — Cottonwood Technology Fund, NMA Ventures
- Series A, Oct 28, 2019, $2.5M — Sun Mountain Capital

## Investors

- Sun Mountain Capital (https://capitalatlas.ai/funds/sun-mountain-capital) — Series A
- Cottonwood Technology Fund (https://capitalatlas.ai/funds/cottonwood-technology-fund) — Series A, Series B
- NMA Ventures (https://capitalatlas.ai/funds/nma-ventures) — Series A
- Hemisphere Ventures (https://capitalatlas.ai/funds/hemisphere-ventures) — Series B
- Razor's Edge Ventures (https://capitalatlas.ai/funds/razor-s-edge-ventures) — Series B
- Shield Capital (https://capitalatlas.ai/funds/shield-capital) — Series B
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series B