Power Electronics start-up Dynolt Technologies secures $1.7 million in a seed funding round led by Transition VC. Angel investor Yashovardhan Shah also participated in the round. 🔹 Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. 🔹 The company's current product line includes software-defined 𝐩𝐨𝐰𝐞𝐫 𝐜𝐨𝐧𝐯𝐞𝐫𝐭𝐞𝐫𝐬 𝐟𝐨𝐫 𝐨𝐧𝐛𝐨𝐚𝐫𝐝/𝐨𝐟𝐟𝐛𝐨𝐚𝐫𝐝 𝐜𝐡𝐚𝐫𝐠𝐞𝐫𝐬 for e-2Ws and e-3Ws and swapping stations. 🔹 Founded by Rajesh Sura and Teja Kumar, the startup counts EMO Energy, Sandhar, Bounce Infinity, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River among its clients. Dynolt has deployed more than 14,000 power converters in the e-mobility space.