Dynelectro

Accelerating industrial decarbonisation through reversible SOEC technology

Dynelectro was founded in 2018, is headquartered in Viby Sjælland, Denmark, and has $18.0M in recorded funding across 3 rounds.

Headquarters
Viby Sjælland
Founded
2018
Business Model
B2B
Total Funding
$18.0M
Last Round
$11.0M Series AMar 2024
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 5 investors for this company. The full record is or through the API.

About

Dynelectro is a Danish solid oxide electrolyser (SOEC) OEM delivering MW-scale reversible systems for high-efficiency hydrogen production, energy storage, and power generation. Its proprietary Dynamic Electrolyser Units enable dynamic, load-following operation with up to 90% electrical efficiency, offered in 250 kW, 1 MW, 5 MW, and 20 MW configurations. Headquartered in Viby Sjælland, Denmark, the company partners with organizations including Siemens Gamesa and Aalborg University on Power-to-X hydrogen and decarbonisation projects.

Summary

Dynelectro is a Clean Tech company based in Viby Sjælland, Denmark, founded in 2018. It has raised $18.0M in total across 3 rounds, most recently a $11.0M Series A round in Mar 2024. Investors include Export & Investment Fund of Denmark, European Innovation Council Fund and Vsquared Ventures.

Tech & App Stack

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Funding History

Series ASeries AMar 2024
$11.0M

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Funding: Grant through Series A. Amounts, valuations, and investors where available.

Investors

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