In May 2025, mPower Technology successfully closed its Series B funding round, raising over $21 million. The round was led by Razor’s Edge Ventures and joined by Shield Capital – both prominent venture firms known for backing national security and aerospace innovations. This infusion of capital, secured with Silverpeak’s advisory support, provided mPower with significant growth funding and brought on board investor partners who understand its industry. The $21M+ investment is now fuelling mPower’s next stage of expansion.
With the new capital, mPower is scaling up its manufacturing capacity and accelerating the development of its DragonSCALES technology. The company is poised to capitalize on the rapidly expanding commercial and defence space markets. Equally important, mPower can confidently deliver on major contracts – including the supply of over 1.1 megawatts of solar modules for Airbus’ AURORA program – thanks to its enhanced production capabilities. The Series B funding has empowered our client to expand its reach, support a growing number of space missions, and solidify its position as a leader in space power solutions.
For more information, please visit www.silverpeakib.com/silverpeak-advises-mpower-technology-on-21m-series-b/
