By Abhay Ray 
Introduction
Dynolt Technologies, a Bengaluru based start-up specializing in power electronics, has successfully secured $1.7 million in a seed funding round. The round was led by Transition VC, a venture capital firm focused on clean energy and energy transition. Additional support came from angel investor Yashowardhan Shah.
About Dynolt Technologies
Dynolt Technologies, started in 2022 by Rajesh Sura and Teja Kumar, focuses on creating power electronics solutions for electric vehicles (e-mobility), energy storage, renewable energy, and hydrogen. Dynolt boasts expertise in software-defined power converters, allowing better power management through software integration. They mention that their technology is designed to be scalable and reusable, which speeds up the development of products across different sectors.
Dynolt Technologies Plans and Current Product
Through this funding, Dynolt plans to expand its footprint in mobility through higher power chargers with wide bandgap semiconductors for fast charging stations. The company also plans to enter new sectors like solar and hydrogen with its solutions for high frequency inverters and DC-DC converters application, said a press release.
The start-up aims to establish a globally-competitive power conversion capability in India to enable faster adoption of clean energy solutions. Backed by a strong R&D, the start-ups products are built around a robust technology stack, the release said. It enables efficient control of the power converters using embedded software, and makes Dynolt’s products scalable and reusable across various domains thereby expediting product development cycles,
Its products are already in use by clients such as EMO Energy, Sandhar, Bounce, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River. The company has deployed over 14,000 power converters across India, surpassing 30 million charging cycles.On its maiden funding, Sura said, “We are on a mission to redefine the future of clean energy in India. This investment will fuel our expansion into critical sectors like battery energy storage systems, renewable energy, and hydrogen, while enabling us to strengthen our leadership in next-generation power conversion products.”
Transition VC Leads the Investment Round
Transition VC, a venture capital firm focused on energy transition, has led Dynolt’s $1.7 million seed funding round. The firm aims to accelerate the development of innovative clean energy technologies, and their investment in Dynolt underscores the importance of advancements in power electronics for a successful energy transition. Transition VC’s co-founder and managing partner, Raiyaan Shingati, highlighted that Dynolt’s innovative solutions will help make energy transition faster, more affordable, and significantly more efficient.
Raiyaan Shingati, Co-founder and Managing Partner at Transition VC, emphasized the importance of power electronics in energy transition, stating, “Dynolt’s innovations will play a pivotal role in accelerating India’s transition to cleaner, more efficient energy systems. Power electronics are fundamental to scaling up renewables, electric vehicles, and modern grids.”
Shoeb Ali, Co-founder and Managing Partner of Transition VC, also commented, “Dynolt is at the forefront of developing critical power electronics for the energy transition, including mobility, solar, battery energy storage systems, and hydrogen. We believe their solutions will support the complete energy transition ecosystem in India.”
VC’s Role in Accelerating Energy Transition
Transition VC plays a pivotal role in supporting the global shift towards sustainable energy. As an energy transition-focused venture capital firm, it focuses on backing innovative companies that drive advancements in clean energy technologies. By leading Dynolt’s $1.7 million seed funding round, Transition VC is helping to accelerate the development of power electronics solutions that are essential for energy transition. Transition VC, emphasized that power electronics advancements, like those offered by Dynolt, are critical to making the energy transition more efficient, affordable, and scalable. Transition VC’s investment underscores its commitment to fostering solutions that can significantly reduce carbon emissions and contribute to a more sustainable energy future.
Conclusion
Dynolt Technologies a future where power electronics play a central role in advancing clean energy solutions and enabling the global energy transition. The company aims to continue developing scalable, efficient, and software-defined power converters that can be applied across various sectors, including e-mobility, renewable energy, energy storage, and hydrogen. Through these innovations, Dynolt strives to make clean energy technologies more affordable and accessible while supporting the growth of a sustainable energy ecosystem worldwide.
GMICapitals.com RaysVeda.com GetMyStartup.com LawCanal.com GetMyIndia.com ZinCob.com Angeltors.com