MW-scale SOEC electrolysers with up to 90% electrical efficiency

Clean hydrogen the world can afford

Dynelectro was founded in 2018 by Søren Højgaard Jensen after more than 20 years of research in solid oxide fuel cells (SOFC), solid oxide electrolyser cells (SOEC), power conversion and batteries. Søren realised that he had the key to mature SOEC from research to commercial systems, enabling the worlds most effective power-to-X system. The proprietary technology, called AC:DC, effectively eliminates stack degradation and extends the stack lifetime with a factor 5.

Dynelectro is currently testing its first 250 kW system with a 1 MW system in production for delivery in 2026. The systems deliver up to 27 kg hydrogen per MWh of energy consumed and the technology is scalable, enabling up to 5 MW production capacity with a small footprint.

Meet the team

Søren Højgaard Jensen

Founder

Søren is a globally recognised expert in solid oxide cells and batteries for electricity conversion and storage. He holds a PhD within electro physics from the Technical University of Denmark (DTU).

Søren co-owns multiple patents within Power-to-X green energy production and is the visionary behind Dynelectro. Søren founded the company in 2018 and is the CTO of Dynelectro.

Samantha Jane Phillips

Co-founder

Samantha is a chartered engineer with over three decades of energy and natural resource development. She has worked with Fortune-500 firms across North American, Europe, MENA, Southeast Asia and Australia.

She specialises in stakeholder engagement, communication and commercialisation within innovation and technology in developed and emerging energy markets. She is an internationally recognised speaker and represents Dynelectro at external events.

Sune Lilbæk

CEO

Sune holds a Master of Science in Engineering and has, for two decades, worked as a Business Developer, Sales Director and CEO. He has been part of several succesful M&A’s, most recently when AP Moller Holding acquired PCH Engineering in 2021.

Sune has worked for Private Equity / Venture Capital backed entities since 2017. He holds a board position at a 400+ employee PE owned entity.

Mads Nielsen

Head of Engineering

Mads is an accomplished engineer and technology leader with over 25 years of experience in energy, process engineering and hot-steel applications. Most recently Head of Technology and R&D at AquaGreen, he previously held senior roles at FLSmidth, Dall Energy and TK Energi, driving advancements in biomass technologies, cement pyro systems and gasification.

With a background spanning Maersk Oil and the Danish Navy, Mads combines deep technical expertise with hands-on product upscaling.

Pia Lindberg

CFO

Pia is a seasoned finance executive with nearly four decades of experience in accounting, financial management and corporate/board/investor reporting within the shipping and maritime industries. Most recently VP Accounting & Finance at Evergas, she previously held senior finance roles at Camillo Eitzen, Tschudi & Eitzen and BurWain Tankers.

Skilled in financial reporting, consolidation, budgeting and acquisions/IPO, Pia has led multinational teams and driven process improvements across Denmark, Norway and Singapore.

Board of directors

Ulrik Jørring

Chairman

Ulrik is a highly experienced executive, investor and board leader with over three decades of international experience in venture capital, industrial technology and high-growth companies. A Partner at Nordic Alpha Partners and Chairman at Dynelectro, he has held senior roles across innovative firms including OnRobot, RiACT Robotics and Muuto.

Ulrik excels in scaling technology ventures, strategic investment and board governance, driving industrial digitalization and sustainable business growth.

Anders Kjær

PSV Hafnium

Anders is a strategic investor and business leader with a strong background in finance, consulting, and corporate strategy. As Founder and Managing Partner at PSV Hafnium, he has led venture investments and business scaling since 2016. His earlier experience includes strategy consulting at Accenture and global finance roles at Novo Nordisk.

Anders brings expertise in strategic growth, financial analysis and cross-functional leadership across international markets and industries.

Christian Winther

EIFO Representative

Christian is an accomplished business leader and investor with over three decades of international experience across technology, telecom and sustainable innovation. Currently General Partner at Final Frontier and Venture Partner at MyQuest Ventures, he has held senior executive roles including CEO of Talkline, EVP at Bang & Olufsen and Partner at EIFO.

Christian excels in corporate transformation, strategic growth and guiding high-tech ventures from early stage to global scale.

Christian Sparrewohn

Footprint Fund

Frank Zimmermann

Independent

Frank Zimmermann is an accomplished corporate leader with extensive experience in M&A, strategy and executive management across the telecom, technology, and renewable energy sectors. He has held senior positions including CEO and CFO at H-TEC Systems, Project Advisor at EQT Group, and leadership roles at Vodafone/Kabel Deutschland and Tele Columbus.

Frank’s expertise spans corporate finance, strategic transformation, and scaling innovative businesses in international and high-growth environments.

Søren Højgaard Jensen

Dynelectro

Søren is a highly strategic technology innovator with deep expertise in electrochemical conversion. He excels in research-to-commercialisation pathways, R&D leadership, patent development, team building and scaling breakthrough technologies within SOEC (solid oxide electrolysis cells).

He is adept at cross-disciplinary collaboration, visionary thinking and navigating complex technical/business ecosystems.

Lise Rechstein

Vsquared Ventures (Observer)

Lise is a venture capital leader specializing in deep tech and early-stage investments across Europe and North America. A General Partner at Vsquared Ventures and jury member for the European Commission’s EIC Accelerator, she previously founded Propagator Ventures and held investment roles at Nordic Impact and Bauer Venture Partners.

With a Ph.D. in Management, Technology & Economics from ETH Zurich, Lise combines academic rigor with hands-on entrepreneurial and investment experience.

Björn Heinz

Yara Growth Ventures (Observer)

Björn is an accomplished venture investor and chemist with extensive experience at the intersection of science, technology and sustainability. As Investment Director at Yara Growth Ventures, he leads strategic investments in agri-tech, green hydrogen, and climate innovation. Previously with BASF Venture Capital and Chemovator,

Björn has served on multiple boards across cleantech and agtech startups. His expertise spans venture strategy, deep-tech commercialisation and sustainable industrial transformation.

Investors