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 Sunnyvale, California.

Who is the current CEO of Lyten?

Dan Cook of Lyten. They have also founded 1 company.

How many employees does Lyten have?

As of Mar 31, 2026, the latest employee count at Lyten is 429.

Is Lyten a funded company?

Lyten is a funded company, having raised a total of $625M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 25, 2023.

When was the latest funding round of Lyten?

Lyten's latest funding was a $***** Series C round on Jul 28, 2025, with participation from 1 investor.

Where does Lyten rank among its competitors?

Lyten ranks 1st amongst 8 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Lyten, which secured $200M in Jul, 2025.

Who are the top competitors of Lyten?

Lyten's top competitors include OXIS, Zeta Energy and Molyon. Among them, Lyten secured the most recent funding round in July, 2025.

Lyten - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of lithium sulphur ion batteries. Its products include batteries,composites and sensors. It provides solutions for satellite,aerospace and defence applications.

Website: lyten.com
Social
Email ID: *****@lyten.com
Registered Address: Sunnyvale, California

Key Metrics

Founded Year

2015

Location

San Jose, United States

Stage

Series C

Total Funding

$625M in 4 rounds

Latest Funding Round

Series C, Jul 28, 2025, $*****

Investors

Prime Movers Lab & 8 more

Ranked

1^st among 8 active competitors

Employee Count

429 as on Mar 31, 2026

Similar Companies

OXIS & 7 more

View Lyten's full profile

Lyten is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Lyten, Inc. CIN: 32081345269 , United States, Active		-	-	-
Lyten, Inc. CIN: 464870990 , United States, Active	Dec 26, 999	-	319 (As on Dec 31, 2024)	-

Lyten has raised a total funding of $625M over 4 rounds. Its first funding round was on May 25, 2023. Its latest funding round was a Series C round on Jul 28, 2025 for $*****. 1 investor participated in its latest round. Lyten has 9 institutional investors.

Here is the list of recent funding rounds of Lyten:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 28, 2025	7015161	Series C	3194401	9948946	8866105	1141260
Jan 30, 2024	9187934	Grant (prize money)	4507605	2663994	9246260	DOE
Sep 12, 2023	7569715	Series B	8079767	8028392	Prime Movers Lab	Stellantis & 2 more

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View details of Lyten's funding rounds and investors

The founders of Lyten are William Wraith, Scott Mobley, Lars Herlitz and Dan Cook. Dan Cook is the CEO of Lyten.

Here are the details of Lyten's key team members:

William Wraith: Co-Founder of Lyten.
Scott Mobley: Co-Founder of Lyten.
Contact Info: 1 email address
Lars Herlitz: Co-Founder of Lyten.
Contact Info: 1 email address
Dan Cook: Co-Founder & CEO of Lyten.
Contact Info: 1 email address

View details of Lyten's Founder profiles and Board Members

Lyten's employee count trend

Lyten has 429 employees as of Mar 26. Here is Lyten's employee count trend over the years:

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Top competitors of Lyten include OXIS, Zeta Energy and Molyon. Here is the list of Top 10 competitors of Lyten, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lyten 2015, San Jose (United States), Series C	Provider of lithium sulphur ion batteries	$625M	Honeywell, DOE & 7 others	66/100
2nd	OXIS 2004, Abingdon (United Kingdom), Deadpooled	Provider of lithium sulfur rechargeable batteries	$93.1M	Sasol Gulf, AeroTEC & 14 others	44/100
3rd	Zeta Energy 2014, Angleton (United States), Series A	Lithium sulphur rechargeable batteries	$23M	Moore Strategic Ventures, DOE & 1 others	39/100
4th	Molyon 2024, Cambridge (United Kingdom), Series A	Manufacturer of lithium-sulfur batteries for weight-critical applications	$4.6M	IQ Capital, Plural & 1 others	38/100
5th	Shanghai Sulfur Technology 2023, Seed	Developer of sulphur based cathodes and battery systems	-	Zhongke Chuangxing	30/100
6th	Oxlid 2021, Nottingham (United Kingdom), Acquired	Developer of lithium sulfur battery	-	Advanced Propulsion Centre UK	25/100
7th	Graphene Batteries 2012, Oslo (Norway), Unfunded	Developing graphene-based high energy battery material.	-	-	16/100
8th	VTGMP 2019, South Korea, Unfunded	Manufacturer of lithium-sulphur batteries	-	-	16/100
9th	Flexodes 2019, Sugar Land (United States), Unfunded	Manufacturer of Lithium-Sulfur batteries	-	-	16/100