(Reuters) - Silicon Valley battery startup Lyten said on Tuesday that it raised $200 million in new funding as it looks to scale up manufacturing of ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Silicon Valley battery startup Lyten said on Tuesday that it raised $200 million in new funding as it looks to scale up manufacturing of lithium-sulfur EV batteries, lightweight composites and sensors.
The latest funding, led by venture capital firm Prime Movers Lab, takes the total equity investment in Lyten to more than $410 million. The company in May received an investment from Stellantis to help the carmaker simplify its supply chain and pursue greener technology for EVs. Lyten, founded in 2015, said it was working with Stellantis, FedEx, the U.S. government, and other companies to develop products, including lightweight and multifunctional composites and ultra-high sensitivity networks in automotive, logistics, aviation and defense sectors.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I asked ChatGPT when Filecoin will reach $200, the bot’s outlook was bearishThough its on-chain metrics point towards a bearish movement, ChatGPT predicts Filecoin's price will hit $200-$250 towards 2023's end.
Read more »
Hyatt Regency Puerto Rico Owners Seek Up to $200 Million in SaleThe owners of the Hyatt Regency Grand Reserve Puerto Rico, which include Monarch Alternative Capital, are exploring a sale of the property, which could fetch as much as $200 million, according to people with knowledge of the matter.
Read more »
Crisis-ridden Pakistan likely to raise rates, hike of at least 150 bps seen : Reuters pollBy Ariba Shahid KARACHI (Reuters) - Pakistan's central bank is expected to hike rates when it meets to decide on policy on Thursday as it seeks to ...
Read more »
Brazil's inflation expected to have picked up slightly in August: Reuters pollBy Gabriel Burin (Reuters) - Brazil's inflation picked up slightly in August from July due to the finalization of a one-off discount on energy prices ...
Read more »
Bond strategists stand ground, say U.S. Treasury yields have peaked: Reuters pollBy Sarupya Ganguly BENGALURU (Reuters) - The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of ...
Read more »
Country Garden Gets Approval to Extend Six Bonds, Reuters SaysDistressed Chinese developer Country Garden Holdings Co. has gotten approval from creditors to extend repayment on six yuan bonds by three years, Reuters reported, citing two sources familiar with the matter.
Read more »