How much funding has Dynelectro raised?

Dynelectro has raised $18.0M in total funding, most recently a Series A round.

Who are Dynelectro's investors?

Dynelectro's investors include Export & Investment Fund of Denmark, European Innovation Council Fund, Vsquared Ventures, PreSeed Ventures, Yara Venture Capital.

When was Dynelectro founded?

Dynelectro was founded in 2018.

Where is Dynelectro headquartered?

Dynelectro is headquartered in Viby Sjælland.

What industry is Dynelectro in?

Dynelectro operates in Clean Tech, Energy, Manufacturing.

Dynelectro

Accelerating industrial decarbonisation through reversible SOEC technology

Viby Sjælland · Founded 2018 · $18.0M raised

Clean Tech

Energy

Manufacturing

Headquarters: Viby Sjælland
Founded: 2018
Business Model: B2B
Website: dynelectro.dk

Total Funding: $18.0M
Last Round: $11.0M Series AMar 2024
Rounds: 3

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, 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.