Lyten
Founded Year
2015Stage
Series B - II | AliveTotal Raised
$379.7MLast Raised
$15.7M | 4 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-25 points in the past 30 days
About Lyten
Lyten focuses on decarbonization technologies within various sectors including automotive, aviation, and aerospace. It develops advanced sensing technologies for applications in health, safety, logistics, and manufacturing. It was founded in 2015 and is based in San Jose, California.
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Expert Collections containing Lyten
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lyten is included in 3 Expert Collections, including Energy Storage.
Energy Storage
5,352 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Auto Tech
3,971 items
Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.
Unicorns- Billion Dollar Startups
1,249 items
Lyten Patents
Lyten has filed 199 patents.
The 3 most popular patent topics include:
- lithium-ion batteries
- rechargeable batteries
- electrochemistry
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
7/23/2021 | 10/22/2024 | Polymer chemistry, Polymers, Vacuum tubes, Fluorides, Polymerization reactions | Grant |
Application Date | 7/23/2021 |
|---|---|
Grant Date | 10/22/2024 |
Title | |
Related Topics | Polymer chemistry, Polymers, Vacuum tubes, Fluorides, Polymerization reactions |
Status | Grant |
Latest Lyten News
Oct 24, 2024
Lithium-sulfur batteries, which feature high energy density, and don’t need problematic minerals such as nickel, cobalt, manganese and graphite, are widely seen as a possible replacement for today’s lithium-ion batteries. Lyten , which calls itself a “supermaterial applications company,” has long been a pioneer in Li-S technology. Now the company has announced plans to invest more than $1 billion to build a lithium-sulfur battery gigafactory in Nevada. The planned 1.25-million-square-foot facility will be located on a 125-acre campus in the Reno AirLogistics Park, and is expected to employ over 1,000 people when it reaches full capacity. Lyten has signed an MOU with industrial developer Dermody Properties to build the facility. Lyten’s factory will manufacture cathode active materials (CAM) and lithium metal anodes, and complete assembly of lithium-sulfur battery cells in both cylindrical and pouch formats. Lyten has been manufacturing CAM and lithium metal anodes and assembling batteries at its semi-automated pilot facility in San Jose since May 2023. The new factory will have a capacity of up to 10 GWh of batteries annually at full scale. Groundbreaking is planned for early 2025, and Phase 1 of the facility is scheduled to come online in 2027. Lyten says its Li-S batteries will be up to 40% lighter than lithium-ion and 60% lighter than lithium iron phosphate (LFP) batteries. Lyten’s cells are manufactured in the US, using abundant local materials. The Nevada factory will produce cells that are fully compliant with the Inflation Reduction Act and National Defense Appropriations Act (NDAA), and will not be subject to Section 301 tariffs. Lyten is working with local universities, including the University of Nevada-Reno (UNR) and Truckee Meadows Community College, and the Nevada Native American and Tribal members, to foster the training and talent that will be required to scale its gigafactory operations. “Today is the latest milestone in Lyten’s nine-year history. Lithium-sulfur is a leap in battery technology, delivering a high energy density, light weight battery built with abundantly available local materials and 100% U.S. manufacturing,” stated Dan Cook, Lyten co-founder and CEO.
Lyten Frequently Asked Questions (FAQ)
When was Lyten founded?
Lyten was founded in 2015.
Where is Lyten's headquarters?
Lyten's headquarters is located at 145 Baytech Drive, San Jose.
What is Lyten's latest funding round?
Lyten's latest funding round is Series B - II.
How much did Lyten raise?
Lyten raised a total of $379.7M.
Who are the investors of Lyten?
Investors of Lyten include Luxembourg Future Fund, U.S. Department of Energy, Honeywell Ventures, Footprint Coalition, Stellantis Ventures and 7 more.
Who are Lyten's competitors?
Competitors of Lyten include Zeta Energy.
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Compare Lyten to Competitors
Zeta Energy focuses on the development of advanced battery technology, specifically within the energy sector. The company's main offering is its lithium-sulfur battery technology, which has been designed to provide superior performance, cost-effectiveness, and safety compared to existing lithium-ion batteries. The batteries are based on lithium, carbon, and sulfur, which are abundant and economical materials. It was founded in 2014 and is based in Houston, Texas.
Contemporary Amperex Technology specializes in advanced battery technology and new energy solutions within the energy sector. The company offers a range of products including electric vehicle batteries, energy storage systems, and customized power solutions for various applications. Its primary customers are in the electric vehicle industry and the broader energy storage market. It was founded in 2011 and is based in Ningde, Fujian.
Solid Power produces all-solid-state rechargeable batteries, focusing on the electric vehicle and mobile power sectors. The company's main innovation is replacing the flammable liquid electrolyte in conventional lithium-ion batteries with a proprietary sulfide solid electrolyte, enhancing safety and stability across various temperatures and providing a significant increase in energy density. It primarily serves the energy sector. The company was founded in 2011 and is based in Louisville, Colorado.
QuantumScape specializes in the development of solid-state lithium-metal battery technology within the energy storage sector. The company's batteries are designed to offer higher energy density, quicker charging times, and improved safety features. QuantumScape's products are primarily aimed at the electric vehicle industry and broader energy storage applications. It was founded in 2010 and is based in San Jose, California.
Camel Group (骆驼股份) (SHA: 601311) offers R&D, production and sales of lead-acid batteries, lithium-ion batteries and energy storage systems. Camel batteries are widely used in cars, trucks, RV vehicles, agricultural vehicles, golf carts, electric vehicles, residential and portable energy storage and other applications. Camel Group and its subsidiaries cover the entire industrial chain of R&D, production, sales, logistics and recycling for battery technology. The company serves the automotive and energy sectors. It was founded in 1980 and is based in Wuhan, China.
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