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Energy Tech Seed Founded 2021

Inlyte

Inlyte Energy is a grid-scale energy storage company that designs and manufactures iron-sodium batteries for commercial, industrial, and utility-scale energy storage systems. The company's battery technology is built on proven sodium metal chloride chemistry with over 40 years of research and development, reimagined through breakthrough materials cost and cell engineering improvements. Inlyte's batteries are…

📍 San Francisco, United States · Energy Storage Tech

Funding snapshot

Last roundSeed
Amount$8M
Date26 October 2023
Total raised$8M
Team size27

About

Inlyte Energy is a grid-scale energy storage company that designs and manufactures iron-sodium batteries for commercial, industrial, and utility-scale energy storage systems. The company's battery technology is built on proven sodium metal chloride chemistry with over 40 years of research and development, reimagined through breakthrough materials cost and cell engineering improvements. Inlyte's batteries are economically viable for 4 to 48+ hours of duration, making them suitable for both daily cycling with over 80% round-trip efficiency and long-duration discharge applications. The batteries are durable and safe in extreme temperatures, offer a 20-year lifetime with limited maintenance requirements, and utilize a de-risked domestic supply chain to maximize available incentives. The technology serves as a project-ready substitute for lithium-ion systems, providing flexibility for unprecedented load growth at utility scale to improve grid resilience and integrate renewables, while also enabling commercial and industrial customers to achieve energy independence with modular systems that cut energy costs and deliver multi-day resiliency during outages without fire risk. Founded in 2021 and headquartered in San Francisco, California, with operations in Burton-on-Trent, UK, Inlyte Energy has raised $8.0M in Seed funding from investors including At One Ventures, First Spark Ventures, Valo Ventures, TechEnergy Ventures, Climate Capital, Anglo American, OSTI, and PVS Investments.

Business model

Energy Storage Tech > Battery > Secondary Battery > Sodium Ion

Team background

College Wise > Harvard University, Stanford University

Institutional investors

At One Ventures First Spark Ventures Valo Ventures TechEnergy Ventures Climate Capital Anglo American OSTI PVS Investments Pjotr Van Schothorst

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