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Revolutionizing Mobility Through Semiconductors: Transition VC Invests $1.7 Million in Indian Deep-tech Startup Dynolt
Dynolt plans to expand into BESS, EV charging, hydrogen, and renewables through $1.7 Million in funding.

By Kumar Harshit

on February 18, 2025

Dynolt Technologies, a deep-tech power electronics startup, bags $1.7 million in a seed funding round led by Transition VC with Yashowardhan Shah, the marquee angel investor, also participating. The  $1.7 million funding will bolster Dynolt’s plans to expand its footprint in mobility through higher power chargers—with wide bandgap semiconductors—for fast charging stations.

Apart from this, the latest funding will also help the company to pursue its venturing into new sectors like solar and hydrogen with its solutions for high-frequency inverters and DC-DC converters applications. Dynolt’s leadership lies with Rajesh and Teja—both IIT Bombay alumni with Master’s degrees in power electronics— who come with a collective experience of over two decades in engineering and product development in this sector. 

Dynolt Funding: Expansion into Critical Sectors 

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.” 

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Dynolt Funding: Driving Global Aspirations 

The startup envisions establishing a globally competitive power conversion capability in India to enable faster adoption of clean energy solutions. To this milestone, the startup is backed by a strong R&D, and even its products are also aligned around a robust technology stack, following global standards.  

Dynolt: Leading the E-Mobility Segment 

In the e-mobility sector, Dynolt has deployed over 14,000 power converters nationwide, facilitating more than 30 million charging cycles. These achievements have reinforced the company's position as a leading power semiconductor player in the fast-expanding EV industry.

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Its 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. Companies like Yulu, Bounce, Sandhar, and EMO Energy among others have already deployed the company's products at scale.