By Keith Norman, Chief Sustainability Officer – Lyten | 9/13/2023 Weight. The heavier something is, the more energy it takes to move it. The more energy it takes to stop it. The more materials we mine from the earth to construct it. The heavier burden on...
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Lyten snags $200 million to commercialize “supermaterial” batteries and composites
The energy transition depends upon declining cost curves and better performance of low carbon alternatives. Lyten is looking to accelerate the shift with “3D graphene,” a superconducting form of carbon that can be tailored for batteries, composite materials, sensors...
Lyten is the latest EV battery startup to score hundreds of millions
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...
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...