The round was led by Razor's Edge Ventures and joined by Shield Capital. The new funding will be used to further scale production capacity, continue the advancement of DragonSCALES™ and position the company for sustained leadership in the rapidly expanding commercial and national security space markets. The capital raise builds upon mPower's Series A financing led by Cottonwood Technology following its spin-off from Sandia National Laboratories.

mPower Technology is shaping the future of solar power with a revolutionary new technology called DragonSCALES™, a completely flexible, interconnected mesh of miniature solar cells. Leveraging well-established and affordable materials, processes and tools for the silicon PV and microelectronics industries, DragonSCALES enables completely new design options for solar power, removing the constraints of existing silicon and gallium arsenide solar solutions, and enabling highly flexible, resilient, lightweight designs that can be rapidly deployed at extremely low cost.