Dynolt secures $1.7 million in seed funding round led by Transition VC

Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will support the expansion of Dynolt’s product line into high-power chargers with wide bandgap semiconductors for fast charging stations. 

Furthermore, the company aims to enter the solar and hydrogen sectors with solutions for high-frequency inverters and DC-DC converters. The technology is built around a proprietary control system that utilises general-purpose microcontrollers and software, replacing traditional application-specific integrated circuits (ASICs). This approach reduces costs, shortens design turnaround times, and improves efficiency.

Dynolt, founded in 2022 and headquartered in Bengaluru, develops power electronics solutions for sectors including e-mobility, battery energy storage systems (BESS), renewables, and hydrogen. The company’s product portfolio includes software-defined power converters for on-board and off-board chargers for two-wheeler and three-wheeler electric vehicles, as well as swapping stations.