MPOWERD
Latest round
- Seed
Last raised
- Mar 2015
Total raised
- Undisclosed
Investors
- 1
About MPOWERD
MPOWERD Inc.Founded in 2012 in Brooklyn, US, MPOWERD Inc. designs solar-powered products aimed at off-grid users.70 mn on April 28, 2020. The founders, Jason Snyder and John Salzinger, have previously been involved in other ventures, contributing to their expertise in sustainable energy solutions.MPOWERD specializes in innovative portable energy solutions, primarily focusing on solar-powered lights and charging devices. Their flagship product, the Luci light, provides sustainable lighting in off-grid areas, targeting consumers requiring reliable and eco-friendly illumination. The Luci light features durability, waterproof design, and a collapsible structure, making it suitable for various outdoor activities.60 mn, with an EBITDA of USD -700,000. The company generates revenue primarily through direct-to-consumer sales and partnerships with retailers and nonprofit organizations, enabling accessibility to their solar products for outdoor enthusiasts and underserved communities. The company is focusing on entering additional emerging markets in Africa and Southeast Asia by the end of 2023, enhancing their product range to better meet local energy needs.
Who invested in MPOWERD
1 investor across 1 round
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Funding rounds
Seed
Mar 1, 2015
Amount
Undisclosed
Investors
Questions about MPOWERD
Who invested in MPOWERD?
MPOWERD has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MPOWERD raised?
MPOWERD has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MPOWERD last raise money?
MPOWERD's most recent round on record is a Seed, in Mar 2015.
What does MPOWERD do?
MPOWERD is a renewable energy company.
Where is MPOWERD headquartered?
MPOWERD is headquartered in Brooklyn, US.
Which VCs invest in companies like MPOWERD?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at MPOWERD's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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