When was mPower Technologies founded?

mPower Technologies was founded in 2008 and raised its 1st funding round 9 years after it was founded.

Where is mPower Technologies located?

mPower Technologies is headquartered in Albuquerque, United States. It is registered at 5901 INDIAN SCHOOL ROAD, NE ALBUQUERQUE, NM 87110.

Who is the current CEO of mPower Technologies?

Kevin Hell of mPower Technologies.

How many employees does mPower Technologies have?

As of Dec 31, 2024, the latest employee count at mPower Technologies is 11.

Is mPower Technologies a funded company?

mPower Technologies is a funded company, having raised a total of $56.4M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 14, 2017.

When was the latest funding round of mPower Technologies?

mPower Technologies' latest funding was a $***** Series B round on Apr 11, 2025, with participation from 2 investors. Its primary sector is Flexible Electronics. In United States, the Flexible Electronics sector has seen $25M in funding in 2026 to date.

Where does mPower Technologies rank among its competitors?

mPower Technologies ranks 9th amongst 236 active competitors, of which 48 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was SCHMID, which secured $30M in Jan, 2026.

Who are the top competitors of mPower Technologies?

mPower Technologies' top competitors include Oxford Photovoltaics, Swift Solar and Growatt. Among them, SCHMID secured the most recent funding round in January, 2026.

mPower Technologies - 2026 Company Profile, Team, Funding & Competitors

Company Details

Manufacturer of solar modules for space applications and related solutions. The company delivers high-volume production and rapid fulfillment of customizable modules. These modules adapt to complex applications and provide lower production costs. The company offers solutions for satellite constellations, lunar and deep space, and space logistics.

Website: mpowertech.com
Social
Email ID: *****@mpowertech.com
Registered Address: 5901 INDIAN SCHOOL ROAD, NE ALBUQUERQUE, NM 87110

Key Metrics

Founded Year

2008

Location

Albuquerque, United States

Stage

Series B

Total Funding

$56.4M in 6 rounds

Latest Funding Round

Series B, Apr 11, 2025, $*****

Investors

Razor's Edge Ventures & 6 more

Ranked

9^th among 236 active competitors

Employee Count

11 as on Dec 31, 2024

Similar Companies

Swift Solar & 83 more

View mPower Technologies' full profile

mPower Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mpower Technology, Inc. CIN: 47-2608608 , United States, Active	Nov 06, 2014	-	10 (As on Dec 31, 2022)	-

mPower Technologies has raised a total funding of $56.4M over 6 rounds. Its first funding round was on Jun 14, 2017. Its latest funding round was a Series B round on Apr 11, 2025 for $*****. 2 investors participated in its latest round. mPower Technologies has 7 institutional investors.

Here is the list of recent funding rounds of mPower Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 11, 2025	9188331	Series B	6201695	1136633	3386901	2760306
Oct 10, 2023	8853680	Series B	4004312	6606108	8355561	6631319
Feb 01, 2022	9213931	Series B	3171659	1268330	Cottonwood Technology Fund	Hemisphere Ventures

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View details of mPower Technologies's funding rounds and investors

The founders of mPower Technologies is Murat Okandan. Kevin Hell is the CEO of mPower Technologies.

Here are the details of mPower Technologies' key team members:

Murat Okandan: Co-Founder of mPower Technologies.
Contact Info: 1 email address
Kevin Hell: CEO of mPower Technologies.
Contact Info: 1 email address

View details of mPower Technologies's Founder profiles and Board Members

mPower Technologies' employee count trend

mPower Technologies has 11 employees as of Dec 24. Here is mPower Technologies's employee count trend over the years:

Employee count trend for mPower Technologies

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Top competitors of mPower Technologies include Oxford Photovoltaics, Swift Solar and Growatt. Here is the list of Top 10 competitors of mPower Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oxford Photovoltaics 2010, Oxford (United Kingdom), Series D	Developer of perovskite tandem technology for solar energy applications	$239M	Legal & General Capital, MTI Partners & 13 others	66/100
2nd	Swift Solar 2017, Golden (United States), Series A	Provider of flexible perovskite solar cells	$42.4M	Eni Next, Good Growth Capital & 19 others	66/100
3rd	Growatt 2011, Shenzhen (China), Funding Raised	Manufacturer of solar PV modules	-	HSG, IDG Capital & 1 others	63/100
4th	Epishine 2016, Linkoping (Sweden), Series A	Developer and provider of solar modules	$19.4M	Beijer Ventures, Almi Invest & 14 others	61/100
5th	Websol Energy System 1994, Kolkata (India), Public	Manufactures solar cells and solar modules	-	-	61/100
6th	Merlin Solar 2016, San Jose (United States), Acquired	Manufacturers of solar modules	$47.1M	Fifth Wall, Saint-Gobain & 2 others	61/100
7th	Trina Solar 1997, San Jose (United States), Public	Manufacturer of photovoltaic products, energy storage, system solutions, and digital services	$40M	HongShan, Jiuzhou Venture Capital & 5 others	61/100
8th	SCHMID 1864, Freudenstadt (Germany), Late Stage	Manufacturer of process solutions and equipment	-	XJ Capital, ShawKwei & Partners & 3 others	61/100
9th	mPower Technologies 2008, Albuquerque (United States), Series B	Manufacturer of solar modules for space applications and related solutions	$56.4M	Cottonwood Technology Fund, Hemisphere Ventures ... & 5 others	61/100
10th	Power Roll 2012, Seaham (United Kingdom), Series B	Provider for perovskite solar films and capacitors	$32.8M	Maven Capital Partners, Greenwood Way Capital ... & 11 others	56/100

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mPower Technologies has made no investments or acquisitions yet.

Media has covered mPower Technologies for a total of 8 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.