About mPower Technologies
mPower Technologies is a company based in Albuquerque (United States) founded in 2008 by Murat Okandan. mPower Technologies has raised $56.41 million across 6 funding rounds from investors including Sun Mountain Capital, Cottonwood Technology Fund and Hemisphere Ventures. The company has 11 employees as of December 31, 2024. mPower Technologies offers products and services including DragonSCALES™. mPower Technologies operates in a competitive market with competitors including Swift Solar, Ambient Photonics, Merlin Solar, Power Roll and Epishine, among others.
- Headquarter Albuquerque, United States
- Employees 11 as on 31 Dec, 2024
- Founders Murat Okandan
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Sectors
TechnologyEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Mpower Technology, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$56.41 M (USD)
in 6 rounds
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Latest Funding Round
$21.12 M (USD), Series B
Apr 11, 2025
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Investors
Sun Mountain Capital
& 3 more
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Employee Count
11
as on Dec 31, 2024
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Products & Services of mPower Technologies
mPower Technologies offers a comprehensive portfolio of products and services, including DragonSCALES™.
Ultralight solar cells for scalable space energy solutions.
People of mPower Technologies
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Leadership Team
3 people
Creative and Marketing Team
2 people
CTO Team
1 people
Manufacturing Team
1 people
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Funding Insights of mPower Technologies
mPower Technologies has successfully raised a total of $56.41M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $21.12 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in mPower Technologies
mPower Technologies has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Sun Mountain Capital, Cottonwood Technology Fund and Hemisphere Ventures.
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Life Science & Tech focused pre seed, seed & early stage VC investment firm in the US
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Investment and advisement services are provided by OneTen° Capital.
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Investor details for mPower Technologies
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Investments & Acquisitions by mPower Technologies
Investment portfolio details for mPower Technologies
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Financial Statements - mPower Technologies
Detailed financials for mPower Technologies
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Mpower Technologies Comparisons
Peer comparison for mPower Technologies
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Competitors of mPower Technologies
mPower Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Swift Solar, Ambient Photonics, Merlin Solar, Power Roll and Epishine, among others.
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Flexible perovskite solar cells are provided using hybrid halide materials.
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Solar cells are supplied for powering connected IoT devices.
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Crystalline silicon-based solar modules are manufactured for varied deployments.
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Perovskite solar films and capacitors are developed using microgroove technology.
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Developer and provider of solar modules
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Detailed competitors of mPower Technologies
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Latest news on Mpower Technologies
Complete news archive for mPower Technologies
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Frequently Asked Questions about mPower Technologies
mPower Technologies was founded in 2008 and raised its 1st funding round 9 years after it was founded.
mPower Technologies is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
Kevin Hell is the current CEO of mPower Technologies.
mPower Technologies is a funded company, having raised a total of $56.41M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at mPower Technologies is 11.
mPower Technologies was established in 2008 in Albuquerque, United States, as a provider of flexible silicon-based solar panels. Lightweight and resilient designs are featured in these panels, which support applications in aerospace, terrestrial, and IoT sectors. Operations focus on delivering solar solutions tailored to diverse environments, with emphasis on adaptability and durability for specialized uses.
mPower Technologies's top competitors include Swift Solar, Power Roll and Merlin Solar.
mPower Technologies offers DragonSCALES™.
mPower Technologies has 4 investors. Key investors include Sun Mountain Capital, Cottonwood Technology Fund, Hemisphere Ventures, and OneTen° Capital.