Lyten
A supermaterial applications company that develops and manufactures products using proprietary 3D Graphene™ technology, including next-generation lithium-sulfur batteries, lightweight polymer composites, advanced sensors, and high-strength materials.
- CEO / Founder
- Dan Cook
- Team Size
- 315
- Stage
- Active
- Total Funding
- $579.7M
- Latest Round
- Series C
- Key Investors
- Prime Movers Lab, Stellantis, FedEx, Honeywell, Walbridge Aldinger Company, European Investment Fund, Luxembourg Future Fund, Nokia
Technology & Products
Key Products
["LytCell™ Lithium-Sulfur Batteries (pouch and cylindrical cells)","LytR™ Lightweight Polymer Composites","Lyten 3D Graphene™ 3D Printing Filaments","Advanced Gas & Vapor Sensors","High-Strength Concrete Additives","Industrial Adhesives (6120HT)"]
Technological Advantage
Combines proprietary 3D Graphene production from captured methane with vertically integrated manufacturing. Lithium-sulfur batteries use abundant sulfur instead of scarce minerals (nickel, cobalt, manganese), enabling 2x energy density at lower cost. Composites reduce plastic usage by 50% while maintaining structural integrity. All products leverage same core supermaterial platform for multiple billion-dollar markets.
Differentiation
Value Proposition
Develops higher-performing, lower-cost, and decarbonizing products: lithium-sulfur batteries with 2x energy density of NMC batteries at LFP cost, polymer composites reducing plastic weight by up to 50% while maintaining strength, and ultra-sensitive sensors for industrial safety applications.
How They Differentiate
Proprietary 3D Graphene™ supermaterial platform spanning multiple applications (lithium-sulfur batteries, lightweight composites, sensors, construction materials) with vertically integrated manufacturing. Only Li-S company with Fortune 500 strategic investors across automotive (Stellantis), logistics (FedEx), and aerospace/defense (Honeywell). Recently acquired Northvolt's European manufacturing assets, providing immediate production scale.
Market & Competition
Target Customers
Automotive OEMs (electric vehicles), aerospace and defense contractors, logistics companies, industrial manufacturers, consumer electronics companies, and government/military agencies
Industry Verticals
["Automotive & Electric Vehicles","Aerospace & Defense","Energy Storage","Logistics & Transportation","Consumer Electronics","Industrial Manufacturing","Construction"]
Competitors
Sion Power; Zeta Energy; Li-S Energy
Growth & Milestones
Growth Metrics
Reached 315+ employees from founding team; $110M revenue reported in September 2025; 90%+ manufacturing yields achieved; commercial shipments to non-EV customers in 2024; secured $650M financing LOI from US Export-Import Bank
Major Milestones
["Shipped lithium-sulfur battery A-samples to automotive, consumer electronics, and military customers in May 2024","Featured in Chrysler Halcyon concept EV with 800V lithium-sulfur batteries (Feb 2024)","Series B raised $200M led by Prime Movers Lab with participation from Stellantis, FedEx, Honeywell (Sep 2023)","Named Fast Company's #8 Most Innovative Energy Company (2024)","Secured $4M US Department of Energy grant for Li-S battery advancement (Jan 2024)","Acquired Northvolt Sweden battery manufacturing assets (Jul 2025)","Secured $650M financing LOI from Export-Import Bank of the United States (Dec 2024)","Announced plans for $1B lithium-sulfur battery gigafactory in Nevada"]
Notable Customers
Stellantis (Chrysler Halcyon concept EV); FedEx; Honeywell; US Department of Defense; NASA; Consumer electronics manufacturers; Motorsports teams