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 Jun 30, 2026, the latest employee count at Lyten is 466.

Is Lyten a funded company?

Lyten is a funded company, having raised a total of $625M across 5 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. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $2.05B in funding in 2026 to date.

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 Molyon, Zeta Energy and OXIS. 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 5 rounds

Latest Funding Round

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

Investors

Prime Movers Lab & 10 more

Ranked

1^st among 8 active competitors

Employee Count

466 as on Jun 30, 2026

Similar Companies

Molyon & 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 5 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 11 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	7447987	Series C	8298410	3456187	6362882	4926917
May 19, 2025	4780603	Grant (prize money)	2154960	4211574	6963010	OSTI
Jan 30, 2024	5487746	Grant (prize money)	1077335	5949981	7272703	DOE

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View details of Lyten's funding rounds and investors

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

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

Dan Cook: Co-Founder & CEO of Lyten.
Contact Info: 1 email address
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

View details of Lyten's Founder profiles and Board Members

Lyten's employee count trend

Lyten has 466 employees as of Jun 26. Here is Lyten's employee count trend over the years:

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Top competitors of Lyten include Molyon, Zeta Energy and OXIS. 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, Prime Movers Lab & 9 others	66/100
2nd	Molyon 2024, Cambridge (United Kingdom), Series A	Manufacturer of lithium-sulfur batteries for weight-critical applications	$4.6M	IQ Capital, Plural & 1 others	40/100
3rd	Zeta Energy 2014, Angleton (United States), Series A	Lithium sulphur rechargeable batteries	$23M	Moore Strategic Ventures, DOE & 2 others	40/100
4th	OXIS 2004, Abingdon (United Kingdom), Deadpooled	Provider of lithium sulfur rechargeable batteries	$93.1M	Sasol Gulf, AeroTEC & 14 others	37/100
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	Flexodes 2019, Sugar Land (United States), Unfunded	Manufacturer of Lithium-Sulfur batteries	-	-	16/100
9th	VTGMP 2019, South Korea, Unfunded	Manufacturer of lithium-sulphur batteries	-	-	16/100