--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20240308-yara-growth-ventures-invests-in-dynelectro/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Yara Growth Ventures invests in Dynelectro Publication Date: 2024-03-08T18:00:31-05:00 Last Updated: 2024-03-08T17:08:41-05:00 Author: Editors (https://www.fertilizerdaily.com/author/fertilizereditors/) Categories: [AgTech & Research](https://www.fertilizerdaily.com/agtech-and-research/), [Corporate](https://www.fertilizerdaily.com/corporate/) ![Yara Growth Ventures invests in Dynelectro](https://www.fertilizerdaily.com/wp-content/uploads/2024/03/Yara-investment-080324.webp) Yara said Dynelectro will use the funding to further develop its solid oxide electrolysis technology. Yara announced on Friday that its venture capital arm, Yara Growth Ventures, has invested in Denmark’s Dynelectro, which develops technologies to unlock the potential of solid oxide electrolysis (SOE). The Norwegian fertilizer producer said that while SOE yields the highest possible efficiencies to produce renewable hydrogen and e-fuels, the technology has been suffering from system lifetime issues. Yara explained that Dynelectro’s approach dramatically increases the longevity of SOE systems from two to 10 years, while also allowing for the integration of SOE with intermittent renewable electricity, which is a key requirement for large-scale adoption. Dynelectro previously raised a seed round in May 2023, which was led by The Export and Investment Fund of Denmark, with contributions from Vsquared Ventures and other local venture investors. Yara – which said its investment will advance its goal of decarbonizing fertilizer production – indicated that the startup will use the funding for demonstration projects and further technology development. Tags: [Dynelectro](https://www.fertilizerdaily.com/tag/dynelectro/), [renewable hydrogen](https://www.fertilizerdaily.com/tag/renewable-hydrogen/), [solid oxide electrolysis](https://www.fertilizerdaily.com/tag/solid-oxide-electrolysis/), [Yara](https://www.fertilizerdaily.com/tag/yara/), [Yara Growth Ventures](https://www.fertilizerdaily.com/tag/yara-growth-ventures/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.