# Lyten

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lyten

- Industry: Energy Storage & Batteries
- Headquarters: San Jose, US
- Website: www.lyten.com/
- Total disclosed funding: $150M
- Latest round: Series B (Feb 25, 2022)
- Investors on record: 6

## About

Based in California, US, and founded in 2015, Lyten, Inc. produces batteries, composite, and sensors using its carbon platform Lyten 3D Graphene™. The company was co-founded by William Wraith III, Dan Cook (CEO), Lars Herlitz, and Scott Mobley. In July 2024, Lyten, Inc. raised USD 15.7 million in venture funding from a new investor European Investment Fund.

The company offers Lytcell which is a lithium–sulfur battery for electric vehicles used in the automotive, aviation, and aerospace industries. Additionally, the firm provides Lyten 3D graphene composite systems use to develop polyethylene composite materials that will reduce the weight of plastic products. Furthermore, the company offers advanced gas sensors, resonant sensors, and biosensors.

The company plans to use the July 2024 funding to promote the development of locally produced and manufactured batteries in Europe for the Electric Vehicle, Mobility, Space, and Defense industries.

## Funding rounds

- Series B, Feb 25, 2022, $150M — Walbridge Aldinger, Honeywell Ventures, Prime Movers Lab, Stellantis Ventures, Triatomic Capital, FedEx

## Investors

- Walbridge Aldinger — Series B
- Honeywell Ventures (https://capitalatlas.ai/funds/honeywell-ventures) — Series B
- Prime Movers Lab (https://capitalatlas.ai/funds/prime-movers-lab) — Series B
- Stellantis Ventures (https://capitalatlas.ai/funds/stellantis-ventures) — Series B
- Triatomic Capital (https://capitalatlas.ai/funds/triatomic-capital) — Series B
- FedEx — Series B