Insider Brief
- Dynolt Technologies raised $1.7 million in seed funding, led by Transition VC, to expand its power electronics solutions for EV charging and clean energy.
- The Bengaluru-based startup has deployed over 14,000 power converters, enabling more than 30 million charging cycles across India.
- The funding will support the development of high-power chargers using wide-bandgap semiconductors and expansion into solar and hydrogen energy systems.
Dynolt Technologies has raised $1.7 million in seed funding to scale its power electronics solutions for electric vehicle (EV) charging and clean energy. The round was led by Transition VC and included angel investor Yashowardhan Shah, BW Disrupt reported.
The Bengaluru-based startup, founded in 2022 by engineers Rajesh Sura and Teja Kumar, develops power converters for EVs, energy storage, renewables, and hydrogen applications. Its current products include software-defined chargers for two- and three-wheeler EVs and battery-swapping stations.
Power converters regulate and transform electrical energy to match the voltage, current and frequency required by different devices. In EV charging, they convert AC power from the grid into DC power to charge batteries efficiently, while in renewable energy systems, they manage energy flow between sources like solar panels, storage systems, and the grid.
The company has already deployed over 14,000 power converters across India, facilitating more than 30 million charging cycles. The new funding will help Dynolt expand into higher-power chargers that use wide-bandgap semiconductors, a material that improves efficiency in fast-charging stations. The company also plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters—devices that regulate electrical flow in energy systems.
“We’re on a mission to redefine the future of clean energy in India,” Sura, Dynolt’s CEO, told BW Disrupt. “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.”
Power electronics, which control and convert electrical power, play a key role in making clean energy systems more efficient.
“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, as reported in BW Disrupt.
