Lyten funding rounds & valuation history
Lyten, the San Jose lithium-sulfur battery and 3D graphene company that has been buying Northvolt assets. Funding from the Series B (Sep 2023) to the Equity investment (2025), sourced to Lyten.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Equity investment (2025)Raised to fund Northvolt-related acquisitions; total equity raised passed $625M (company). |
More than $200M |
Mainly existing investors |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series BTotal equity raised passed $410M (company). |
$200M |
Prime Movers LabWith: Stellantis, FedEx, Honeywell, Walbridge Aldinger |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
Amount raised in each closed round
Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.
Sources: Lyten. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 12 Sep 2023 · Closed
Series B: $200M led by Prime Movers Lab.
- 28 Jul 2025 · Closed
Equity investment (2025): More than $200M led by Mainly existing investors.
Cite this dataset
Free to quote with a link back. Copy this citation:
Lyten Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/lyten/
Download the data
The same 2 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
lyten-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/lyten-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Earlier equity (about $210M before the Series B, including Stellantis’ earlier Series B commitment): dates and amounts not broken out by an authority source. Export-Import Bank letters of interest for $650M financing (debt, not closed). Third-party valuation estimates.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 4, not yet published).