What is Inlyte Energy?
Founded in 2021 and headquartered in San Francisco, California, Inlyte Energy is at the forefront of creating grid-scale batteries utilizing abundant and cost-effective iron and salt. These advanced energy storage systems are designed to enhance the capacity and reliability of renewable energy sources like wind and solar, positioning Inlyte as a key player in the fight against climate change by making clean energy more accessible and powerful.
How much funding has Inlyte Energy raised?
Inlyte Energy has raised a total of $8M across 1 funding round:
Angel/Seed
$8M
Angel/Seed (2023): $8M with participation from First Spark Ventures, Climate Capital, At One Ventures, and Valo Ventures
Key Investors in Inlyte Energy
First Spark Ventures
First Spark Ventures is a Deep Tech venture capital fund that invests in breakthrough technologies aimed at enhancing health, safety, and productivity, primarily targeting companies in Pre-seed, Seed, and Series A funding rounds.
Climate Capital
Climate Capital is an early-stage climate tech VC with over 250+ portfolios across various sectors working on decarbonizing the global economy.
At One Ventures
At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature.
What's next for Inlyte Energy?
The substantial enterprise-level funding secured by Inlyte Energy signals a critical growth phase for the company. This capital injection is expected to accelerate the scaling of its manufacturing capabilities and the deployment of its iron-salt battery technology. With a clear focus on grid-scale energy storage, Inlyte is poised to make a significant impact on the renewable energy landscape, enabling greater integration of intermittent power sources and contributing to a more sustainable energy future.
See full Inlyte Energy company page
