Tech Company Financing Transactions
Lyten Funding Round
On 5/25/2023, Lyten raised funding from Stellantis.
Transaction Overview
Company Name
Announced On
5/25/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The investment is aimed at accelerating the commercialization of Lyten 3D Graphene applications for the mobility industry, including the LytCell lithium-sulfur EV battery, lightweighting composites and novel on-board sensing.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
145 Baytech Dr.
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Undisclosed
Website
Email Address
Overview
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
Profile
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Company News
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Management Team
Title
Name
Email & Social
Chairman
Lars Herlitz
Chief Executive Officer
Dan Cook
Co-Founder
Scott Mobley
Co-Founder
William Wraith
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