Will Luxembourg Future Fund 2 invest in Lyten?

Luxembourg Future Fund 2 has made an equity investment in Lyten, a Silicon Valley-based clean tech company. The investment in Lyten, the world leader in Lithium-Sulfur battery technology, will support the development of locally sourced, locally manufactured batteries in Europe for the Electric Vehicle (EV), mobility, space and defense industries.

What is Lyten battery chemistry?

Lyten is the world leader in Lithium-Sulfur, a battery chemistry on track to deliver more than two times the energy density of lithium-ion batteries and remove critical minerals like nickel, cobalt, manganese, and graphite.

Why is Lyten partnering with Luxembourg?

The investment highlights Luxembourg’s commitment to advancing clean technologies and incorporating them into the European economy. Through this partnership, Lyten and Luxembourg will collaborate on research and development and the introduction of several Lyten products into the European market including its lithium-sulfur EV battery.

Is Luxembourg a good place for clean technology innovation?

At the press conference, Deputy Prime Minister and Minister of Foreign Affairs and Foreign Trade Xavier Bettel said, “Luxembourg is committed to utilizing its talented workforce, research institutions, and diverse economy to create the ideal environment for clean technology innovation to thrive.

Who makes Lyten 3D graphene?

With over 415 patents granted or pending, Lyten is at the forefront of innovation and currently manufactures its Lyten 3D Graphene material and applications in San Jose, California.

What is the Luxembourg Future Fund successor?

The Luxembourg Future Fund Successor, launched in 2023 by SNCI together with the European Investment Fund (EIF), has invested approximatively $15.7 million into Lyten.