Dynelectro

Dynelectro

We design and manufacture Dynamic Electrolyser Units (DEUs) which produce green hydrogen for carbon-neutral eFuels

Founded 2018 Denmark

Denmark 25 employees Venture round Total: $24.50M Renewable Energy, Oil and Gas

Dynelectro is a Danish startup founded in 2018 that focuses on designing and manufacturing Dynamic Electrolyser Units (DEUs) to produce green hydrogen for carbon-neutral eFuels. With a slogan of "We design and manufacture Dynamic Electrolyser Units (DEUs) which produce green hydrogen for carbon-neutral eFuels," Dynelectro is in the renewable energy industry. The company operates with a focus on innovation, green energy, Power-to-X (PtX), and cleantech. Dynelectro prides itself on being a boutique green energy innovation firm, passionately accelerating Power-to-X solutions. The company's second-generation electrolysis Power-to-X solutions are a testament to its commitment to clean and efficient energy production. The leadership team at Dynelectro is described as forward-thinking and curious, actively contributing to Denmark's goal of reducing CO2 emissions by 70% by 2030. The latest investment in Dynelectro was an €11.00M early-stage investment on 11 July 2024. The investment was made by a syndicate of investors including Vsquared Ventures, Yara Growth Ventures, Yara International, The Footprint Firm, Denmark’s Export & Import Fund Organisation (EIFO), PSV DeepTech, and the European Investment Bank (EIB). In summary, Dynelectro's focus on green energy, Power-to-X solutions, and strategic partnerships position it as a key player in Denmark's efforts to reduce carbon emissions, making it an attractive prospect for investors looking to contribute to sustainable energy solutions.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	€9.00M	2	European Innovation Council, Shell Global	11 Jul 2024
Venture Round	€11.00M	6	PreSeed Ventures, Vsquared Ventures +4	11 Jul 2024
Seed Round	Undisclosed	1	Yara Growth Ventures	08 Mar 2024
Seed Round	€4.50M	1	Vsquared Ventures	09 Jun 2023

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

€9.00M

European Innovation Council, Shell Global

11 Jul 2024

Venture Round

€11.00M

PreSeed Ventures, Vsquared Ventures +4

11 Jul 2024

Seed Round

Undisclosed

Yara Growth Ventures

08 Mar 2024

Seed Round

€4.50M

Vsquared Ventures

09 Jun 2023

FAQ About Dynelectro

We design and manufacture Dynamic Electrolyser Units (DEUs) which produce green hydrogen for carbon-neutral eFuels

Dynelectro was founded in 2018.

Dynelectro is headquartered in Denmark.

Dynelectro operates in Renewable Energy and Oil and Gas. Its work centres on Green Energy, Innovation, Power-to-X and PTX.

Dynelectro has approximately 25 employees.

Dynelectro has completed 4 funding rounds, raising a total of $24.50M. The latest funding stage is Venture round.

Top alternatives and competitors to Dynelectro include Sunfire, GlassPoint, Inc, Enapter, Blue World Technologies, Chesapeake Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Dynelectro and Sunfire are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

General Information

Discover More

About Dynelectro

Funding Rounds & Investors (4)

Latest News

Dynelectro Alternatives & Competitors

FAQ About Dynelectro