Dynolt Technologies, a Bengaluru-based deeptech startup, has successfully raised $1.7 million in its seed funding round, led by Transition VC, with prominent angel investor Yashowardhan Shah also joining the investment. The funds will be directed toward scaling the company’s mobility solutions with high-power chargers that incorporate wide-bandgap semiconductors for fast charging stations. Additionally, Dynolt plans to expand into new sectors, such as solar and hydrogen, by developing solutions for high-frequency inverters and DC-DC converters.
Founded in 2022 by Rajesh Sura and Teja Kumar, Dynolt specializes in power electronics solutions tailored for clean energy industries, including e-mobility, energy storage, renewables, and hydrogen. The company has already made significant strides in the e-mobility sector, deploying over 14,000 power converters across India, which have collectively surpassed 30 million charging cycles.
Dynolt’s products, which include on-board and off-board chargers for two- and three-wheeler electric vehicles (EVs) as well as swapping stations, enable efficient control through embedded software, making the devices scalable and reusable across different domains. This adaptability speeds up the product development cycle, making it a preferred solution for a growing number of clients.
Among Dynolt’s clients are notable names such as EMO Energy, Sandhar, Bounce, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River, all of which have adopted the startup’s power electronics solutions at scale.
As the company looks to diversify its offerings, Dynolt’s focus on clean energy innovation continues to position it as a key player in the rapidly growing electric mobility and clean energy sectors.
