Fundraising Fox

mPower Technology

Albuquerque, US · Founded 2015 · Delaware corporation · 28 employees on LinkedIn · 7 known investors

mPower Technology develops advanced power systems and solar technologies for spacecraft and space applications. The company leverages microfabrication and nanofabrication techniques to serve commercial, civil, and national security customers in the aerospace and space industries.

Founders & leadership

mPower Technology was founded in 2015 by Dr. Murat Okandan.

DMDr. Murat Okandan
Dr. Murat OkandaninCTO & FounderMurat Okandan is CTO and founder of mPower Technology, which develops power systems and solar technologies for spacecraft and space applications using microfabrication and nanofabrication techniques for commercial, civil, and national security customers. He has around 20 years of experience leading technology and product operations and large global R&D and delivery teams across enterprises and startups, with expertise spanning the full product lifecycle and the design of large-scale, high-availability systems on on-prem, hybrid, and public cloud infrastructure.
KHKevin Hell
Kevin HellinPresident and Chief Executive Officer
KRKaveh Rouhani
Kaveh RouhaniinVice President of Space Power Systems

Board

MSMark Spoto
Mark SpotoinMember of the Board of DirectorsManaging Partner at Razor's Edge Ventures
DBDavid Blivin
David BlivininBoard directorMANAGING PARTNER at Cottonwood Technology Fund
LR
Lee RandBoard director
DT
Donald TelageBoard director
HA
Heim AlanBoard director

Investors · 7

Also in the syndicate · 1

Razor's Edgelead

Reported raises · per SEC filings

Form D private placements

$42.6M disclosed across 4 rounds · 2017–2025

$21.1MraisedApr 2025 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark SpotoDirector
  • Kevin HellExecutive Officer, Director
  • David BlivinDirector
  • Murat OkandanExecutive Officer, Director
Offering amount
$23.1M
Amount sold
$21.1M
Finders' fees
$1.2M
Placement agents
Hollister Associates, LLC
First sale
Apr 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16.2MraisedOct 2023 · 40 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter KnellExecutive Officer, Director
  • Kevin HellExecutive Officer, Director
  • Lee RandDirector
  • Murat OkandanExecutive Officer, Director
  • Alan HeimDirector
  • Donald TelageDirector
  • David BlivinDirector
Offering amount
$16.2M
Amount sold
$16.2M
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.3MraisedApr 2021 · 26 investors · Other Energy
Rule 506(c)
Officers, directors & promoters on the filing
  • Kevin HellExecutive Officer, Director
  • Donald TelageDirector
  • Lee RandDirector
  • Murat OkandanExecutive Officer, Director, Promoter
  • David BlivinDirector
  • Kaveh RouhaniExecutive Officer
  • Heim AlanDirector
Offering amount
$6.8M
Amount sold
$5.3M
Proceeds to insiders
$1.2M
First sale
Oct 2019
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$50KraisedJun 2017 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Murat OkandanExecutive Officer, Director, Promoter
  • Stuart RoseDirector
Offering amount
$1M
Amount sold
$50K
Proceeds to insiders
$100K
First sale
May 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does mPower Technology do?
mPower Technology develops advanced power systems and solar technologies for spacecraft and space applications. The company leverages microfabrication and nanofabrication techniques to serve commercial, civil, and national security customers in the aerospace and space industries.
Who founded mPower Technology?
mPower Technology was founded by Dr. Murat Okandan in 2015.
Who are mPower Technology's investors?
mPower Technology's investors include Cottonwood Technology Fund, Razor's Edge Ventures, Shield Capital, Sun Mountain Capital, Edge, Lockheed Martin Ventures.
How much funding has mPower Technology raised?
mPower Technology has disclosed $42.6M raised across 4 rounds.
Where is mPower Technology headquartered?
mPower Technology is headquartered in Albuquerque, US.