Striving to lead the way in cost-effective grid storage (4-8hr) by developing a battery that uses readily available iron and table salt.
Location: United States
Total raised: $8M
Investors 2
| Date | Name | Website |
| 26.10.2023 | GS Futures | gsfutures.... |
| 27.10.2023 | First Spar... | firstspark... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.10.2023 | Seed | $8M | - |
Mentions in press and media 3
| Date | Title | Description |
| 27.10.2023 | Inlyte Energy Raises $8M to Develop Grid Batteries Made of Iron and Salt | Inlyte's solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, long lifetime, competitive energy density, excellent safety, and at an ultra... |
| 26.10.2023 | Inlyte Energy Raises $8M in Seed Funding | Large sodium metal halide battery cell Inlyte Energy, a San Leandro, Calif.-based grid battery developer, raised $8m in seed funding. The round was led by At One Ventures with participation from First Spark Ventures, Valo Ventures, TechEner... |
| 26.10.2023 | Inlyte Energy reels in $8M seed round to revive a 50-year-old battery technology | It’s not every day that a 50-year-old technology that was long since passed over gets a new lease on life. Sodium-metal-halide batteries were first patented in the mid-1970s. The design showed promise: It was energy dense and cheap to make.... |