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mPower Technology

Albuquerque, NM · Founded 2015 · Privately Held (backing)

Developer of semiconductor active miniature solar cells designed to provide reliable, cost-effective space transportation. mPower Technology is based in Albuquerque, NM and was founded in 2015. It was valued at $94 million at its later-stage round in Aug 2025, the last priced event on record. It has raised $43.5 million across 3 recorded rounds; the latest was a $21.1 million early-stage round in Apr 2025.

PMV mark · valuation
$94.0M
Oct 2026
Priced at
its later-stage round
Aug 2025
Total raised
$43.5M
Last round
Early Stage VC
Apr 2025

mPower Technology key facts

as of Oct 2026
  • Developer of semiconductor active miniature solar cells designed to provide reliable, cost-effective space transportation.
  • mPower Technology is valued at approximately $94.0M as of Oct 2026, set at its later-stage round, Aug 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $43.5M across 3 recorded rounds; the latest was Early Stage VC ($21.1M) in Apr 2025.
  • Notable investors include United States Department of War, Hemisphere Ventures, Lockheed Martin Ventures, Shield Capital, Razor's Edge Ventures — 11 tracked in total.
  • mPower Technology has filed 8 Form Ds with the SEC since 2017, most recently Apr 2025 ($21.1M sold to 16 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$94.0M

Valued at $94.0M at its later-stage round, Aug 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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mPower Technology funding rounds

3 rounds
Apr 2025Early Stage VC$21.1MSEC filing▮
Jan 2022Early Stage VC$16.2MSEC filing▮
Oct 2019Early Stage VC$5.3MSEC filing▮
Full funding history →

mPower Technology valuation

mPower Technology was valued at $94 million at its later-stage round in Aug 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has mPower Technology raised?

mPower Technology has raised $43.5 million across 3 recorded rounds since 2019. The largest was a $5.3 million early-stage round in Oct 2019; the most recent was a $21.1 million early-stage round in Apr 2025.

mPower Technology has filed 8 Form Ds with the SEC since 2017, most recently in Apr 2025 ($21.1 million sold to 16 investors).

mPower Technology investors

11 investors are on record for mPower Technology, including United States Department of War, Hemisphere Ventures, Lockheed Martin Ventures and Shield Capital. The early-stage round in Apr 2025 drew 16 investors.

About mPower Technology

Developer of semiconductor active miniature solar cells designed to provide reliable, cost-effective space transportation. The company offers a flexible and interconnected mesh of miniature solar cells by leveraging materials, processes, and tools from the silicon photovoltaic and microelectronics industries and removes the constraints of existing silicon and gallium arsenide solar cells, enabling terrestrial and IoT industries to maximize solar cell performance in harsh space environments with on-orbit radiation recovery.

Sector
Business Products and Services (B2B)
HQ
Albuquerque, NM, United States
Founded
2015
Employees
17
Ownership
Privately Held (backing)

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