Lyten

Lyten

Develops 3D graphene for clean energy

About

Lyten develops and applies three-dimensional graphene to support clean energy initiatives. This material is lighter, stronger, and cleaner, making it suitable for industries aiming for net-zero emissions. Lyten's main clients are large companies in high carbon-emission sectors looking for sustainable solutions. They create applications using their 3D graphene to help these sectors reduce their carbon footprint while maintaining profitability. A significant product is their Lithium-Sulfur battery, which could enhance the electric vehicle industry by improving affordability and efficiency. Lyten's revenue comes from partnerships and product sales, and they have recently secured substantial investments from major corporations. The company's goal is to drive decarbonization across various industries through innovative materials.

Company Stage

Grant

Employees

201-500

Industries

Automotive & Transportation, Energy

Total Funding

$357M

Headquarters

San Jose, California

Founded

2015


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Simplify's Take

What believers are saying

  • Partnership with Stellantis enhances market credibility and strategic alignment.
  • Acquisition of Cuberg's assets reduces production costs and accelerates market entry.
  • Growing EV adoption boosts demand for Lyten's lithium-sulfur batteries.

What critics are saying

  • Competition from established battery manufacturers like Tesla and Panasonic.
  • Integration challenges from acquiring Cuberg's assets from financially troubled Northvolt.
  • Rapid expansion plans could strain Lyten's financial resources.

What makes Lyten unique

  • Lyten transforms methane into 3D Graphene, a tunable supermaterial for decarbonization.
  • Their lithium-sulfur batteries target automotive, aerospace, and defense sectors.
  • Lyten's polymer composite reduces plastic usage by up to 50% without losing strength.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

28%

2 year growth

70%

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