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Dynamo Micropower

Dynamo provides the oil and gas industry power at the cost and reliability of the grid by operating on flare gas.

  • Stage Full Product Ready
  • Industry Oil and Gas
  • Location Boston, MA, USA
  • Currency USD
  • Founded April 2011
  • Employees 8
  • Incorporation Type C-corp
  • Website dynamo-micropower.com

Company Summary

Dynamo sells its game changing power solution to the O&G industry. Dynamo equipment operates on local unrefined gas, reducing the cost of energy by up to 80%, while superior power quality improves the performance of driven equipment by up to 25%. Dynamo has fielded six turbines with marquee customers such as Kinder Morgan & Caterpillar, and has booked 18 units for 2018; including 5 which will goto BP.

Team

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    President and CEO

    Jason graduated from Duke in 2010 as a NASA Aeronautics Scholar and was pursuing an M.S. in Mechanical Engineering before becoming an entrepreneur full time. He has supply chain experience at GE-aviation where he learned about current turbine manufacturing practices, and he has also raised $2.5 Million for the TJ3Sat program while in high school. Jason was recently included by Forbes on their 30 under 30 lists of top disruptors for energy.

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    Chief Engineer

    Ivan graduated Summa Cum Laude in Mechanical Engineering from Duke and is currently pursuing a PhD at Duke in Mechanical Engineering and has five academic publications. He is involved in component design and the development of the core engine technology. He also worked at GE-Aviation as an intern. Ivan has committed to joining Dynamo full time after the end of his PhD program in June 2013.

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    Matthew Lazarewicz
    Technical Steering Comitte Chair

    Former CTO of Beacon Power

    Executive Engineering and Technical Manager with significant experience in both large and start-up company settings, leading teams of 20 to 150 technical staff in development, transition-to-production, and production environments of cutting-edge products and technologies. P&L responsibility up to $100M budget

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    Joe Rife
    Head of Strategy and Special Projects

    Former director of Sloan Automotive Lab and experienced entrepreneur.
    Expert in coaching /managing energy business organizations. Provides strategic guidance at juncture of technology, marketing and sales.

Advisors

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    Bill Schnoor, Goodwin Procter
    Lawyer
    Unconfirmed
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    Joe Faris
    Accountant
    Unconfirmed

Previous Investors

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    SURGE
    Unconfirmed
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    Peter Lellis
    Unconfirmed
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    Peter Mitton
    Unconfirmed
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    Jared Slosberg
    Unconfirmed
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    Atulya Saraf
    Unconfirmed
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    Ken Williams
    Unconfirmed
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    Peter Armitage
    Unconfirmed
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    Research Valley Funds
    Unconfirmed
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    Tyler Janovitz
    Unconfirmed
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    Eric Ries
    Unconfirmed
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    Gary Storey
    Unconfirmed