StoryCommercial
Lyten raises $200M in Series B to scale lithium-sulfur production
Lyten completed a $200M Series B funding round led by Prime Movers Lab with participation from Stellantis, FedEx, Honeywell, and Walbridge Aldinger. The round supports scaling lithium-sulfur cell production and establishing a Nevada gigafactory.
- Lead investor: Prime Movers Lab; strategic investors include Stellantis, FedEx, Honeywell.
- Funding supports Nevada 10 GWh gigafactory planned for 2027.
- Total raised to date: ~$360M across Series A (2021) and Series B (2023).
Source: Press (link not recorded)