Lyten, a startup that aims to crank out lightweight, lithium-sulfur batteries for electric vehicles, announced a $200 million round on Tuesday. The big Series B raise was led by Prime Movers Labs, a venture firm from OpenGov co-founder Dakin Sloss. A handful of brands...
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New Funding Round Positions Lyten As An Emerging Player In The EV Battery Industry
Lyten’s recent $200 million funding round positions them as a rising star in the EV battery market. Their lithium-sulfur batteries offer the potential for increased energy storage and reduced vehicle weight, contributing to enhanced driving range and a more...
Lyten raises $200 million in series B equity round
Lyten has announced it has raised $200 million as part of its over-subscribed Series B funding round, to scale manufacturing and commercialize its first three product lines: Lithium-Sulfur batteries, lightweight composites, and next generation IoT sensors. The round...
Battery startup Lyten raises $200 million in new funding round
Silicon Valley battery startup Lyten said on Tuesday that it raised $200 million in new funding as it looks to scale up manufacturing of lithium-sulfur EV batteries, lightweight composites and sensors. The latest funding, led by venture capital firm Prime Movers Lab,...
Lyten raises $200 million in capital
The Stellantis-backed lithium-sulphur battery developer Lyten from California has raised a further $200 million in capital. The goal is to build up production and bring the first three product lines on stream. Lyten’s Series B...
Lithium-Sulfur battery producer raises $200M in Series B round
Startup Lyten raised $200 million in a Series B round to build up production of its lithium-sulfur battery cells. Stellantis, FedEx, Walbridge Aldinger Company, and Prime Movers Lab were among Lyten’s investors in this round. Prime Movers Lab led the round for the...
Lyten raises $200M to kick off battery production
Lyten, a startup that makes a novel form of graphene, has raised $200 million in a Series B round to build up production of its batteries. Why it matters: The funding is another bright spot for climate tech growth equity, and highlights how batteries for electric...
Lyten raises $200 million to commercialise graphene-based polymer composites
California-based Lyten, the developer of a proprietary materials platform called Lyten 3D Graphene, has secured $200 million in series B funding to scale manufacturing and commercialise its three product lines: lightweight composites, lithium-sulphur batteries for...
Why We Invested in Lyten
Lyten’s batteries have the potential to address all of these issues (energy density, raw materials/supply chain, cost, temperature performance, fire safety, compression) and we believe their batteries can become a “category killer” in the EV battery market.…...