D
Dynelectro
Energy · Copenhagen, Denmark · Founded 2018
Unique method extending life expectancy of solid oxide electrolysis (SOE) from two years up to ten years MoreLess
Dynelectro is a Denmark-based startup that specializes in the production of green hydrogen, a clean and renewable energy source. The company has developed a proprietary method that extends the lifespan of solid oxide electrolysis (SOE) from two years to ten years. SOE is a process that uses electricity to split water into hydrogen and oxygen, which can then be used as a clean energy source.
Dynelectro's unique method involves the use of dynamic control to balance intermittent power in green fuel production. This innovative approach not only extends the life of the SOE but also significantly reduces the cost of green hydrogen production. The company's technology is based on commercially available hardware, making it a cost-effective solution for green energy production.
Dynelectro's primary market is the renewable energy industry, specifically the emerging Power-to-X market. Power-to-X refers to technologies that convert electricity into other forms of energy or commodities. The company's clients include Siemens Gamesa Renewable Energy, a global leader in the renewable energy industry, and PowerCon, a company that sees great commercial potential in Dynelectro's project.
The company generates revenue through the sale of its patented technologies and the production of green hydrogen. Dynelectro holds several significant patents that have the potential to revolutionize hydrogen technology and Power-to-X.
In conclusion, Dynelectro is a forward-thinking startup that is making significant strides in the renewable energy industry. Its innovative approach to green hydrogen production has the potential to drive the transition towards a more sustainable world.
Keywords: Dynelectro, green hydrogen, renewable energy, solid oxide electrolysis, dynamic control, Power-to-X, Siemens Gamesa Renewable Energy, PowerCon, patented technologies, sustainable world.
Company overview
Dynelectro company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Copenhagen, Denmark
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 89.1
Valuation & funding
Dynelectro funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Jul 2024 | $9.9M | — | Shell | ↗ |
| EARLY VC✓Equity / VC | Jul 2024 | $12M | $48M | European Investment Bank · PSV · Yara Growth Ventures · Export and Investment Fund of Denmark | ↗ |
| EARLY VC✓Equity / VC | Mar 2024 | $6.6M | $26M | The Footprint Firm · PSV · Yara Growth Ventures · Export and Investment Fund of Denmark | ↗ |
| GRANT✓Other financing | Feb 2024 | $2.7M | — | Horizon Europe | — |
| EARLY VC✓Equity / VC | Jun 2023 | $0 | — | EIC Fund | — |
| GRANT✓Other financing | Jun 2023 | European Innovation Council | — | ||
| SEED✓Equity / VC | Jun 2023 | Export and Investment Fund of Denmark · PSV · Vsquared Ventures · Anders Kjær | ↗ | ||
| SPINOUT✓Other financing | Dec 2018 | Technical University of Denmark | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Dynelectro website traffic
Latest recorded traffic for Dynelectro is 1.6K monthly website visits, up 154% over the last three months. Dynelectro's team grew 9.7% over the past year.
Comparisons
Dynelectro compared with similar companies
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Talent graph
Dynelectro's talent
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Investors
12 investors on Dynelectro's cap table
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Global footprint
Where Dynelectro has talent and traffic
team presence
In the news
Latest news about Dynelectro
Recent press, funding announcements, and product moves mentioning Dynelectro — open to read from the original sources.
Market sentiment
What the market is saying about Dynelectro
An AI-synthesized read of the highest-engagement posts about Dynelectro on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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