Lyten Overview
- Year Founded
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2014
- Status
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Private
- Employees
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287
- Latest Deal Type
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Debt
- Latest Deal Amount
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$650M
- Investors
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20
Lyten General Information
Description
Developer of lithium-sulfur battery technology designed to be used in a variety of applications in the automotive, aerospace, and defense industries. The company creates advanced material that helps batteries improve the range and safety of electric vehicles, while also achieving a lower carbon footprint, enabling clients to access higher energy density batteries for an extended driving range, fast charging, and improved safety.
Contact Information
Website
www.lyten.comCorporate Office
- 145 Baytech Drive
- San Jose, CA 95134
- United States
Corporate Office
- 145 Baytech Drive
- San Jose, CA 95134
- United States
Lyten Timeline
Lyten Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Debt - General | 18-Dec-2024 | $650M | Completed | Generating Revenue | ||
| 13. Later Stage VC (Series B) | 18-Jul-2024 | Completed | Generating Revenue | |||
| 12. Grant | 31-Jan-2024 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series B) | 12-Sep-2023 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 9. Later Stage VC (Series B) | 25-Feb-2022 | Completed | Generating Revenue | |||
| 8. Grant | 01-Feb-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A) | Completed | Generating Revenue | ||||
| 6. Seed Round | 13-Jan-2021 | $15M | $49.5M | Completed | Generating Revenue | |
| 5. Grant | 01-Jan-2021 | $899K | $34.5M | Completed | Generating Revenue |
Lyten Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed IV | ||||||||
| Seed III | 8,000,000 | $0.001000 | $1 | $1 | 1x | $1 | 8.38% | |
| Seed II | 6,000,000 | $0.001000 | $0.25 | $0.25 | 1x | $0.25 | 6.29% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Lyten Comparisons
Industry
Financing
Details
Lyten Competitors (3)
One of Lyten’s 3 competitors is Sion Power, a Venture Capital-Backed company based in Tucson, AZ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sion Power | Venture Capital-Backed | Tucson, AZ | ||||
| Bren-Tronics | Corporate Backed or Acquired | Commack, NY | ||||
| Lohum | Venture Capital-Backed | Greater Noida, India |
Lyten Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Lyten Patents
Lyten Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250018402-A1 | Electrostatic binning precipitator | Pending | 13-Jul-2023 | ||
| US-20250007050-A1 | Substantially non-metallic support system for batteries, fabrication techniques and applications for the same | Pending | 29-Jun-2023 | ||
| US-12009531-B1 | Internally enclosed support system for batteries, fabrication techniques and applications for the same | Active | 29-Jun-2023 | ||
| US-20250006974-A1 | Post-fabrication curing of support system for batteries, fabrication techniques and applications for the same | Pending | 29-Jun-2023 | ||
| US-20250007094-A1 | Polymeric support system for batteries, fabrication techniques and applications for the same | Pending | 29-Jun-2023 | H01M50/423 |
Lyten Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Lyten Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Luxembourg Future Fund | Venture Capital | Minority | ||
| U.S. Department of Energy | Government | |||
| FedEx | Corporation | Minority | ||
| Stellantis Ventures | Corporate Venture Capital | Minority | ||
| Triatomic Capital | Venture Capital | Minority |
Lyten Investments (1)
Lyten’s most recent deal was a Corporate Asset Purchase with Cuberg (200 Mega Watt Battery Manufacturing Assets in San Leandro, California). The deal was made on 13-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cuberg (200 Mega Watt Battery Manufacturing Assets in San Leandro, California) | 13-Nov-2024 | Corporate Asset Purchase | Other Energy |
Lyten FAQs
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When was Lyten founded?
Lyten was founded in 2014.
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Where is Lyten headquartered?
Lyten is headquartered in San Jose, CA.
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What is the size of Lyten?
Lyten has 287 total employees.
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What industry is Lyten in?
Lyten’s primary industry is Electrical Equipment.
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Is Lyten a private or public company?
Lyten is a Private company.
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What is Lyten’s current revenue?
The current revenue for Lyten is .
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How much funding has Lyten raised over time?
Lyten has raised $1.13B.
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Who are Lyten’s investors?
Luxembourg Future Fund, U.S. Department of Energy, FedEx, Stellantis Ventures, and Triatomic Capital are 5 of 20 investors who have invested in Lyten.
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Who are Lyten’s competitors?
Sion Power, Bren-Tronics, and Lohum are competitors of Lyten.
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