When was Dynelectro founded?

Dynelectro was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Dynelectro located?

Dynelectro is headquartered in Copenhagen, Denmark.

How many employees does Dynelectro have?

As of Dec 31, 2025, Dynelectro has 25 employees, reflecting a 32% year-over-year growth in headcount.

Is Dynelectro a funded company?

Dynelectro is a funded company, having raised a total of $16.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 01, 2023.

When was the latest funding round of Dynelectro?

Dynelectro's latest funding was a $***** Grant (prize money) round on Jul 11, 2024, with participation from 2 investors.

Where does Dynelectro rank among its competitors?

Dynelectro ranks 5th amongst 99 active competitors, of which 23 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Watt Fuel Cell, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Dynelectro?

Dynelectro's top competitors include Bloom Energy, Amogy and FuelCell Energy. Among them, Watt Fuel Cell secured the most recent funding round in July, 2026.

Dynelectro - 2026 Company Profile, Team, Funding, Competitors & Financials

Dynelectro is a series A company based in Copenhagen (Denmark), founded in 2018. It operates as a Designer and manufacture Dynamic Electrolyser Units which produce green hydrogen for carbon-neutral eFuels. Dynelectro has raised $16.7M in funding from Danmarks Eksport og Investeringsfond and Yara Growth Ventures. The company has 99 active competitors, including 23 funded and 10 that have exited. Its top competitors include companies like Bloom Energy, Amogy and FuelCell Energy.

Company Details

Designer and manufacture Dynamic Electrolyser Units which produce green hydrogen for carbon-neutral eFuels. It enable dynamic operation for load-following of fluctuating renewable energy sources. The systems deliver hydrogen with high electrical efficiency and provide ancillary grid-stability services. It is a boutique green energy innovation firm passionately accelerating Power-to-X solutions.

Website: dynelectro.dk
Social
Email ID: *****@dynelectro.dk
Phone Number: +45 **********

Key Metrics

Founded Year

2018

Location

Copenhagen, Denmark

Stage

Series A

Total Funding

$16.7M in 5 rounds

Latest Funding Round

Grant (prize money), Jul 11, 2024, $*****

Investors

Danmarks Eksport og Investeringsfond & 8 more

Ranked

5^th among 99 active competitors

Employee Count

25 as on Dec 31, 2025

Similar Companies

Bloom Energy & 47 more

View Dynelectro's full profile

Dynelectro is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Dynelectro Aps CIN: 40036326 , Denmark, Active		-	25 (As on Dec 31, 2025)

Dynelectro has raised a total funding of $16.7M over 5 rounds. Its first funding round was on Jun 01, 2023. Its latest funding round was a Grant (prize money) round on Jul 11, 2024 for $*****. 2 investors participated in its latest round. Dynelectro has 9 institutional investors.

Here is the list of recent funding rounds of Dynelectro:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2024	6243215	Grant (prize money)	1263630	4726074	6877093	4237564
Jul 11, 2024	1823635	Series A	3844818	9228506	7255645	Yara Growth Ventures & 4 more
Mar 08, 2024	8532893	Seed	3542791	3322348	Yara Growth Ventures	PSV Deeptech

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View details of Dynelectro's funding rounds and investors

Here are the details of Dynelectro's key team members:

Sune Lilbaek: CEO of Dynelectro.
Contact Info: 1 email address

Dynelectro's Board of Directors

Dynelectro's board has 4 active members. Ulrik Jørring, Valdemar Engel, Søren Højgaard Jensen and Christian Sparrevoh are part of team.

Here is the list of Dynelectro's board of directors:

Name	Type	Representing	Status	Duration
Søren Højgaard Jensen	Team	-	Current	5y 4m
njcg{lb	Team	-	Current	2y 6m
Valdemar Engel	Investor	Danmarks Eksport og Investeringsfond	Current	0y 10m
Christian Sparrevoh	Investor		Current	3y 2m

View details of Dynelectro's Founder profiles and Board Members

Dynelectro's employee count trend

Dynelectro has 25 employees as of Dec 25. The total employee count is 32.0% more than what it was in Dec 24. Here is Dynelectro's employee count trend over the years:

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Top competitors of Dynelectro include Bloom Energy, Amogy and FuelCell Energy. Here is the list of Top 10 competitors of Dynelectro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bloom Energy 2001, San Jose (United States), Public	Provider of solid oxide fuel cell technology	$973M	Western Technology Investment, New Enterprise Associates ... & 49 others	72/100
2nd	Amogy 2021, Brooklyn (United States), Series C	Developer of ammonia-to-power systems and ammonia cracking catalysts for decarbonization	$302M	AP Ventures, SK Innovation & 33 others	64/100
3rd	FuelCell Energy 1969, United States, Public	Manufacturer of fuel cell systems for power generation and emissions management	-	Air Quality Management District, Vermögensclub ... & 5 others	64/100
4th	Elcogen 2001, Tallinn (Estonia), Series B	Manufacturer of solid oxide fuel cells and hydrogen production components	$103M	SmartCap, Baker Hughes & 10 others	59/100
5th	Dynelectro 2018, Copenhagen (Denmark), Series A	Designer and manufacture Dynamic Electrolyser Units which produce green hydrogen for carbon-neutral eFuels	$16.7M	Shell, European Investment Bank & 7 others	58/100
6th	Gencell 2011, Petah Tikva (Israel), Public	Fuel cell-based solutions provider	-	TDK Ventures, Migdal Group & 4 others	58/100
7th	Watt Fuel Cell 2010, Pittsburgh (United States), Series C	Develops and manufactures solid oxide fuel cell systems	$174M	Generac Power Systems, EQT & 5 others	56/100
8th	Ceres 2001, Horsham (United Kingdom), Public	Developer of solid oxide fuel cell and hydrogen electrolyser technology	-	Innovate UK, IP Group & 7 others	47/100
9th	Siqens 2012, Munich (Germany), Seed	Methanol-based fuel cell systems for off-grid applications	-	VNT Management, Kfw & 4 others	46/100
10th	Reverion 2022, Eresing (Germany), Series A	Developer of reversible fuel cell systems for biogas and hydrogen	$78.8M	Energy Impact Partners, Extantia & 11 others	46/100