Bengaluru-based deep-tech startup Dynolt Technologies has raised $1.7 million in seed funding led by Transition VC. Angel investor Yashowardhan Shah also participated in the investment round. This funding will help Dynolt expand its clean energy power electronics solutions, especially in e-mobility, energy storage, renewables, and hydrogen.
What is Dynolt Technologies
Founded in 2022 by Rajesh Sura and Teja Kumar, Dynolt specializes in power electronics technology. The company aims to strengthen India’s power conversion capabilities to support the clean energy revolution. Their products focus on charging infrastructure for electric vehicles (EVs), renewable energy solutions, and hydrogen-based power applications.
Dynolt currently develops software-defined power converters for:
- On-board and off-board chargers for two-wheelers and three-wheelers EVs
- Battery swapping stations for quick energy replacement
- High-frequency power electronics for fast charging stations
So far, the company has deployed over 14,000 power converters across India, supporting more than 30 million charging cycles. This has positioned Dynolt as a key player in the EV power semiconductor industry.
Solar and Hydrogen Energy
With fresh funding, Dynolt plans to enter new markets such as:
- Solar energy – developing advanced high-frequency inverters
- Hydrogen power – innovating DC-DC converters for clean fuel applications
- Battery Energy Storage Systems (BESS) – improving energy storage for grid stability
The company is also working on wide bandgap semiconductor technology to make power electronics more efficient, compact, and cost-effective.
Leaders on Dynolt Seed Funding
Speaking about the funding, Rajesh Sura, Co-founder & CEO of Dynolt, said:
“We are on a mission to redefine clean energy in India. This funding will help us expand into battery storage, renewables, and hydrogen while strengthening our power conversion innovations.”
Raiyaan Shingati, Co-founder & Managing Partner of Transition VC, emphasized the importance of power electronics in clean energy, stating:
“Energy transition is impossible without advancements in power electronics. Dynolt’s innovations will accelerate the adoption of renewables, EVs, and smart grids in India.”
Road Ahead for Dynolt
With strong investor backing, Dynolt is set to revolutionize India’s power electronics industry. By expanding into solar, hydrogen, and high-speed EV charging, the company aims to drive clean energy adoption across industries.
As the demand for sustainable power solutions grows, Dynolt is well-positioned to become a leading force in India’s energy transition.
