About Lyten
Lyten is a company based in San Jose (United States) founded in 2015 by William Wraith, Scott Mobley, Lars Herlitz, and Dan Cook.. Lyten has raised $400 million across 4 funding rounds from investors including Honeywell, Stellantis and DOE. The company has 271 employees as of December 31, 2023. Lyten offers products and services including Lithium-Sulfur Batteries, Sensors, and Composites. Lyten operates in a competitive market with competitors including OXIS, Zeta Energy, Molyon, Shanghai Sulfur Technology and Graphene Batteries, among others.
- Headquarter San Jose, United States
- Employees 271 as on 31 Dec, 2023
- Founders William Wraith, Scott Mobley, Lars Herlitz, Dan Cook
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lyten, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$400 M (USD)
in 4 rounds
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Latest Funding Round
$200 M (USD), Series C
Jul 28, 2025
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Investors
Honeywell
& 6 more
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Employee Count
271
as on Dec 31, 2023
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Products & Services of Lyten
Lyten offers a comprehensive portfolio of products and services, including Lithium-Sulfur Batteries, Sensors, and Composites. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-energy, lightweight batteries for electric vehicles and net zero applications.
Distributed sensing solutions using supermaterials for various industries.
Stronger materials with reduced carbon footprint for manufacturing needs.
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Funding Insights of Lyten
Lyten has successfully raised a total of $400M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $200.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series C - Lyten | Valuation |
investors |
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| Jan, 2024 | Amount | Grant - Lyten | Valuation |
investors |
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| Sep, 2023 | Amount | Series B - Lyten | Valuation | Prime Movers Lab |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lyten
Lyten has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Honeywell, Stellantis and DOE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment and collaboration in mobility innovation are facilitated by Stellantis Ventures.
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Founded Year | Domain | Location | |
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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location | |
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Venture capital firm funding breakthrough scientific startups and innovative sectors worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lyten
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lyten
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lyten Comparisons
Competitors of Lyten
Lyten operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OXIS, Zeta Energy, Molyon, Shanghai Sulfur Technology and Graphene Batteries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Develops advanced lithium-sulfur rechargeable batteries for energy storage applications.
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| domain | founded_year | HQ Location |
Lithium-sulfur rechargeable batteries are developed for energy storage applications.
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| domain | founded_year | HQ Location |
Lithium-sulfur batteries are manufactured for weight-critical applications.
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| domain | founded_year | HQ Location |
Developer of sulphur based cathodes and battery systems
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| domain | founded_year | HQ Location |
Develops high-performance Lithium-sulfur batteries using graphene for carbon-neutral solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lyten
Frequently Asked Questions about Lyten
When was Lyten founded?
Lyten was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Lyten located?
Lyten is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Lyten?
Dan Cook is the current CEO of Lyten. They have also founded this company.
Is Lyten a funded company?
Lyten is a funded company, having raised a total of $400M across 4 funding rounds to date. The company's 1st funding round was a Series B of $200M, raised on May 25, 2023.
How many employees does Lyten have?
As of Dec 31, 2023, the latest employee count at Lyten is 271.
What does Lyten do?
Lyten was founded in 2015 in San Jose, United States, within the advanced materials sector. Lithium-sulfur ion batteries, composites, and sensors are produced by the company. Solutions are tailored for satellite, aerospace, and defense sectors, addressing energy storage and sensing needs. Operations are centered in the United States, with a focus on innovative battery technologies for specialized applications.
Who are the top competitors of Lyten?
Lyten's top competitors include Zeta Energy, Molyon and Shanghai Sulfur Technology.
What products or services does Lyten offer?
Lyten offers Lithium-Sulfur Batteries, Sensors, and Composites.
Who are Lyten's investors?
Lyten has 7 investors. Key investors include Honeywell, Stellantis, DOE, Prime Movers Lab, and FedEx Cares.