mPower Technology, an Albuquerque, N.M.-based solar technology company, closed an additional $1.85m in Series A funding.
The extension round – which brought total Series A round to $4.35m – included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors.
The company intends to use the funds for the development, testing and sales of its DragonSCALES™ (SemiConductor Active Layer Embedded Solar) solar cell technology.
Led by Kevin Hell, president and CEO, mPower Technology has developed DragonSCALES, an interconnected mesh of miniature solar cells which leverages materials, processes, and tools from the silicon photovoltaic (PV) and microelectronics industries to enable new design options for solar power.
FinSMEs
24/03/2020