Lyten Funding Round

9/13/2023

Venture Equity

$200,000,000

Series B

The company intends to use the funds to scale manufacturing and commercialize its first three product lines: Lithium-Sulfur batteries, lightweighted composites, and IoT sensors.

Private & Independent

Manufacturing

145 Baytech Dr.
San Jose, CA 95134
USA

Undisclosed

Lyten was founded on the vision of using advanced technology from the semiconductor industry to produce abundant clean energy in the form of hydrogen. However, we discovered the ability to produce a revolutionary new material: three-dimensional graphene. This new supermaterial boasts remarkable properties and enormous potential for innovative products and significant decarbonization effects. Since 2015, our mission has been to take Lyten 3D Graphene� from the laboratory to commercial scale and apply it across a wide range of industries and applications. We aim to establish a new global industry for "decarbonization-multiplying" materials by sequestering carbon in the form of high-value foundational materials that can be used to reduce the carbon footprint of countless applications in the hardest-to-abate sectors of our economy. By creating superior materials, we aim to offer an economic pathway towards achieving gigaton-scale decarbonization impact. At Lyten, we believe that a more sus