Bengaluru-based startup Dynolt Technologies has raised US$1.7 million in seed funding, led by Transition VC with participation from angel investor Yashowardhan Shah.

Founded in 2022, Dynolt specializes in power electronics solutions for various sectors, including e-mobility and renewable energy.

Its software-defined power converters for EV charging are used by clients like Yulu, River, and Bounce.

To date, Dynolt has deployed over 14,000 power converters across India, facilitating more than 30 million charging cycles.

The new funding will help Dynolt improve its high-power EV charging systems and explore solar and hydrogen technologies.

The company plans to expand its product offerings, including high-frequency inverters and DC-DC converters.