Source: The Business Journals: Albuquerque Business First

mPower Technology: Albuquerque-based mPower Technology raises $10M to scale production of solar cells

Albuquerque's mPower Technology, which makes solar cells for spacecraft, will expand its footprint and workforce with a $10 million Series B funding round. MPower announced on Tuesday its most recent round of funding, which raised its total amount raised to $16.5 million. Investors included Cottonwood Technology Fund VC in Santa Fe, which led the round. Albuquerque investment firm OneTen° Capital and Hemisphere Ventures, which targets early-stage space and other kinds of tech companies, also...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Kevin Hell's photo - President & CEO of mPower Technology

President & CEO

Kevin Hell

CEO Approval Rating

90/100

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