Dynamo Ventures is a venture capital firm founded in Chattanooga, Tennessee, in 2016. Managed by Allan Davis, Barry Large, Santosh Sankar and Ted Alling, the firm supports founders at the pre-seed and seed stages with early-stage capital and industry expertise. In its latest milestone, Dynamo closed a $54 million third fund, underscoring its steady growth in the early-stage investment community. With a global reach spanning North America, Latin America and Europe, Dynamo concentrates on companies that challenge traditional industrial processes.
The firm focuses exclusively on the industrial economy, backing teams rethinking how goods are made, moved and monetized. Investments often come before a product is fully built, and checks range up to $1.25 million at pre-seed and $2.5 million at seed, with follow-on reserves in place. A transparent process moves from initial meeting to term sheet in four weeks or less, and hands-on support covers product strategy, sales, talent recruitment and fundraising.
Dynamo’s focus on industrial transformation intersects with clean energy and electrification. The firm co-led a $4.5 million seed round for Celadyne, which develops hydrogen solutions for heavy-duty industries, and backed Guided Energy, a smart-charging platform for electric vehicle fleets. These investments reflect Dynamo’s aim to improve energy efficiency and support decarbonization within logistics and manufacturing sectors.
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