Dynelectro develops next-generation solid-oxide electrolysis (SOE) systems using an AC:DC approach to improve efficiency and longevity for green hydrogen production. Its technology addresses SOE limitations by extending operational life from about two years to ten years, reducing energy waste and enabling grid-balancing through rapid production adjustments. The company targets hard-to-abate industrial sectors by providing on-site hydrogen, lowering emissions, and enabling synthetic fuels and Power-to-X projects. Recent financing and grants will support scaling its Dynamic Electrolyser Unit (DEU) from 150-kW prototypes to commercial, fully modular 1-MW units. The first 1-MW installation is scheduled for the first half of 2025 at European Energy’s renewable facility in Denmark. Management says the round validates the technology and positions Dynelectro to advance sustainable energy deployment. Dynelectro develops a patented, scalable solid-oxide electrolysis technology to source affordable green hydrogen and enable production of green fuels. The company plans to scale its Dynamic Electrolysis Units to 1 MW as a prerequisite for a commercial launch in 2025. It recently closed a €4.5 million Seed round to accelerate commercialization and scale-up work. Dynelectro was founded in 2018 by fuel-cell scientist Søren Højgaard Jensen and hydrogen strategist Samantha J. Phillips and is based in Copenhagen. The team includes fuel-cell specialist Anne Lyck Smitshuysen, whose research earned a €67k grant from the Ramboll Foundation and a finalist spot in the 2022 Future Hydrogen Leader Award; she was also named by Nature as one of three scientists at the cutting edge of new energy solutions. The company frames its mission around making clean, affordable energy and contributing to global CO2 reduction targets.

Total raised

$26M

Funding rounds

3

Latest round

Grant

Latest activity

Jul 2024