Dynolt's Expansion Plans in Clean Energy Sectors with $1.7M Seed Funding
Key Ideas
- Dynolt Technologies secures $1.7 million seed funding led by Transition VC for expanding into mobility, solar, and hydrogen sectors.
- The company's focus on high-frequency inverters and DC-DC converters applications showcases their commitment to clean energy solutions.
- Dynolt's innovative power electronics products have already been adopted by several prominent players in the e-mobility industry and aim to revolutionize India's energy transition.
- The investment will enable Dynolt to strengthen its leadership in next-generation power conversion products, making the energy transition faster and more efficient.
Dynolt Technologies, a deep-tech power electronics startup based in Bengaluru, has secured $1.7 million in seed funding from Transition VC and angel investor Yashovardhan Shah. The company, founded in 2022, focuses on developing power electronics solutions for clean energy sectors like e-mobility, energy storage, renewables, and hydrogen. Dynolt's products, including power converters for EV chargers and swapping stations, have been widely adopted in the market. Through the funding, Dynolt plans to expand into mobility with higher power chargers and enter new sectors like solar and hydrogen with advanced solutions. Co-founder Rajesh Sura expressed the company's mission to redefine clean energy in India through innovations in power electronics. Transition VC highlighted the importance of power electronics in advancing energy transition and praised Dynolt's role in accelerating this transformation. The company's core IP lies in control systems using general-purpose microcontrollers and software, aiming to reduce costs and improve efficiency in the energy transition domain.