Dynolt Technologies, a deep-tech power electronics startup, has secured $1.7 million in a seed funding round led by Transition VC. The round also saw participation from marquee angel investor, Yashovardhan Shah.
Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. The startup says its products are built around a robust technology stack that enables efficient control of the power converters using embedded software, and makes its products scalable and reusable across various domains—thereby expediting product development cycles. The company’s current product line includes software-defined power converters for on-board/off-board chargers for two- and three-wheeler EVs, as well as swapping stations.
Dynolt said its products have been adopted by EMO Energy, Sandhar, Bounce, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River. In the e-mobility space, Dynolt has deployed more than 14,000 power converters across the country, which have collectively surpassed more than 30 million charging cycles.
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.
Commenting on its maiden funding, Rajesh Sura, Co-founder & CEO of Dynolt Technologies, said, “We’re 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 (BESS), renewable energy, and hydrogen, while enabling us to strengthen our leadership in next-generation power conversion products.”
“Energy transition is nearly impossible without advancements in power electronics. Dynolt’s innovations will accelerate this transition—making it faster, more affordable, and significantly more efficient. Power electronics is the key enabler for scaling renewables, EVs, and modern grids, and we are at the forefront of this transformation in India,” said Raiyaan Shingati, co-founder & managing partner, transition VC.
Shoeb Ali, co-founder & managing partner of Transition VC also added, “Power electronics are critical for achieving India’s energy transition goals. Dynolt is building power electronics for mobility, solar, battery energy storage systems, and the hydrogen value chain. We envision Dynolt offering power conversion solutions for the complete energy transition domain. Dynolt’s core IP lies in control systems using general-purpose microcontrollers and software instead of traditional application-specific integrated circuits (ASIC). This helps reduce cost and design turnaround time and improves efficiency.”
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