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Recently Funded|Amount: USD 4.0M|Industry: Manufacturing

Lyten Secures $4 Million in Series B Funding to Revolutionize Advanced Materials Industry

Lyten

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201-500 employees employees (Est.)
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We are thrilled to announce that Lyten, a pioneering Advanced Materials company at the forefront of sustainable innovation, has successfully raised $4 million in its latest funding round. This pivotal investment will propel our mission to decarbonize the planet by harnessing the power of Lyten 3D Graphene™, the most advanced carbon platform in the world, derived from transforming greenhouse gases. The funding will be allocated towards the development of groundbreaking products across several industries, significantly enhancing the fight against climate change. One key focus of our initiatives is the creation of advanced Lithium-Sulfur batteries designed for electric vehicles (EVs) in automotive, aviation, and aerospace sectors. These innovative batteries promise greater energy density and efficiency, positioning Lyten as a leader in sustainable energy solutions. In addition, we are committed to pushing the boundaries of materials science by developing lightweight polyethylene composite materials that maintain durability while reducing overall weight, reshaping various plastic products for better sustainability. Furthermore, our advanced gas and resonant sensors—using Lyten 3D Graphene™—are set to revolutionize health, safety, logistics, and manufacturing industries by offering high-performance solutions that ensure safety and efficiency. With this funding, Lyten is poised to not only accelerate the development of these cutting-edge technologies but also play a crucial role in building a more sustainable, carbon-neutral future. We are excited about the journey ahead and are grateful for our investors’ confidence and support in driving this transformative mission forward.
October 22, 2024

Buying Signals & Intent

Our AI suggests Lyten may be interested in solutions related to:

  • Electric Vehicle Batteries
  • Sensors
  • Composites
  • Sustainable Materials
  • Innovative Manufacturing Technologies

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