mPower Technology secures over $21M in Series B funding led by Razor's Edge Ventures and Shield Capital. This funding will enhance production capacity and support next-gen space missions.
Amount Raised
$21 Million
Round Type
Series B
AlbuquerqueEnergyInvestors
Description
ALBUQUERQUE, N.M., May 8, 2025 /PRNewswire/ -- mPower Technology, the leading provider of solar power solutions for space, announced it has secured over $21 million in Series B funding. The new funding will be used to further scale production capacity and advance DragonSCALES™. This capital raise builds upon mPower's Series A financing led by Cottonwood Technology.
Quick answer
mPower Technology raised $21 Million in a Series B round, dated May 8, 2025. Investors: Razor's Edge Ventures and Shield Capital. mPower Technology is based in Albuquerque, New Mexico, United States.
- How much did mPower Technology raise?
- mPower Technology raised $21 Million in a Series B round on May 8, 2025.
- Who invested in mPower Technology?
- Razor's Edge Ventures and Shield Capital are named as investors in this round.
- What does mPower Technology do?
- mPower Technology is reshaping the future of space solar with DragonSCALES™.
- Where is mPower Technology based and how big is it?
- mPower Technology is based in Albuquerque, New Mexico, United States. Fundz records about 22 employees.
- Who are the decision-makers at mPower Technology?
- Fundz holds 3 contacts at mPower Technology, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy around the same time
Companies in the same sectors as mPower Technology that raised within 45 days of this round, from Fundz verified event records.
- NovaSpark Energy raised an undisclosed amount on June 20, 2025.
- Insight M raised $30M (Series E) on June 20, 2025.
- Ostrom raised $23M (Series B) on June 20, 2025.
- Koolbridge Solar raised $870K (Seed) on June 20, 2025.
- Voltfang raised $17M (Series B) on June 18, 2025.
- TerraPower raised $650M (Funding Round) on June 18, 2025.
Who to call at mPower Technology, and when
A new round usually means mPower Technology is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day mPower Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at mPower Technology, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at mPower Technology. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment mPower Technology raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansmPower Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.