lyten.comTransportation / Electric VehiclesFounded: 2015Funding to Date: $1.28B
Lyten, founded in 2015, is an advanced materials company that produces lithium-sulfur batteries for electric vehicles. The batteries are designed to be different from their lithium-ion counterparts in that they are intended to weigh significantly less and store greater amounts of energy. The company also develops Internet-of-Things (IoT) sensors that are used in smart-home technology. Lyten is headquartered in San Jose, California.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/12/2023 | Series B | $250MM | $xx.xx | $1.57B | Fedex Corporation, Honeywell, Prime Movers Lab, Stellantis Ventures, Walbridge Aldinger Company | |
Price per Share
$xx.xx
Shares Outstanding
20,745,786
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fedex Corporation, Honeywell, Prime Movers Lab, Stellantis Ventures, Walbridge Aldinger Company
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12/31/2021 | Series A | $160MM | $xx.xx | $1.06B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
16,596,654
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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06/30/2021 | Series SEED II | $1.5MM | $xx.xx | $366.67MM | Catalus Capital, Honeywell Ventures, River Street Management | |
Price per Share
$xx.xx
Shares Outstanding
6,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Catalus Capital, Honeywell Ventures, River Street Management
|
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06/30/2021 | Series SEED III | $8MM | $xx.xx | $366.67MM | Catalus Capital, Honeywell Ventures, River Street Management | |
Price per Share
$xx.xx
Shares Outstanding
8,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Catalus Capital, Honeywell Ventures, River Street Management
|
||||||
06/30/2021 | Series SEED IV | $40MM | $xx.xx | $366.67MM | Catalus Capital, Honeywell Ventures, River Street Management | |
Price per Share
$xx.xx
Shares Outstanding
8,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Catalus Capital, Honeywell Ventures, River Street Management
|