Dynelectro secures €11M funding led by Denmark’s Export & Import Fund Organisation (EIFO) and industrial collaborations
Amount Raised
€11 Million
Round Type
Funding Round
CopenhagenEnergyRenewable EnergyInvestors
Description
Dynelectro, a Danish startup specialising in sustainable energy solutions, has secured an €11 million investment and €9 million in grants. The funding round was led by Denmark’s Export & Import Fund Organisation (EIFO) and also included industrial collaborations with leaders such as Shell and European Innovation Council to develop Dynamic Electrolyser Units (DEUs) for broader deployment into the green hydrogen market. The European Investment Bank’s involvement marks a step change in maturity for Dynelectro, transitioning the investor profile toward industrial investors.
Quick answer
Dynelectro raised €11 Million in a Funding Round round, dated July 11, 2024. Investors: European Investment Bank, European Innovation Council, Shell, The Footprint Firm, Psv Deep Tech, Vsquared Ventures, Yara Growth Ventures and Denmark’s Export & Import Fund Organisation (Eifo). Dynelectro is based in Copenhagen, Capital Region Of Denmark, Denmark.
- How much did Dynelectro raise?
- Dynelectro raised €11 Million in a Funding Round round on July 11, 2024.
- Who invested in Dynelectro?
- European Investment Bank, European Innovation Council, Shell, The Footprint Firm, Psv Deep Tech, Vsquared Ventures, Yara Growth Ventures and Denmark’s Export & Import Fund Organisation (Eifo) are named as investors in this round.
- What does Dynelectro do?
- Dynelectro enables the transition towards sustainable energy solutions.
- Where is Dynelectro based and how big is it?
- Dynelectro is based in Copenhagen, Capital Region Of Denmark, Denmark.
- Who are the decision-makers at Dynelectro?
- Fundz holds 1 contact at Dynelectro. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Dynelectro that raised within 45 days of this round, from Fundz verified event records.
- pH7 Technologies raised $1M (Seed) on August 23, 2024.
- Aptera Motors raised $200K (Seed) on August 23, 2024.
- Deep Fission raised $4M (Pre-Seed) on August 22, 2024.
- Grid Status raised $8M (Series A) on August 21, 2024.
- Piclo raised an undisclosed amount (Funding Round) on August 20, 2024.
- Eversource Energy raised $89M (Grant) on August 19, 2024.
Who to call at Dynelectro, and when
A new round usually means Dynelectro is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dynelectro raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dynelectro, from your own LinkedIn network
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