Fundz

Inlyte Energy Reels In $8M Seed Round To Revive A 50-Year-Old Battery Technology

PRIVATEOct 26, 2023

Amount Raised

$8 Million

Round Type

Seed

BerkeleyEnergy

Description

It’s not every day that a 50-year-old technology that was long since passed over gets a new lease on life.

Quick answer

Inlyte Energy raised $8 Million in a Seed round, dated October 26, 2023. Inlyte Energy is based in Berkeley, California, United States.

How much did Inlyte Energy raise?
Inlyte Energy raised $8 Million in a Seed round on October 26, 2023.
What does Inlyte Energy do?
Inlyte Energy delivers breakthrough iron-sodium battery technology enabling safe, sustainable, and domestically produced long-duration energy storage.
Where is Inlyte Energy based and how big is it?
Inlyte Energy is based in Berkeley, California, United States. Fundz records about 24 employees.
Who are the decision-makers at Inlyte Energy?
Fundz holds 2 contacts at Inlyte Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

Companies in the same sectors as Inlyte Energy that raised within 45 days of this round, from Fundz verified event records.

  • International Battery Metals raised $420K (Seed) on December 8, 2023.
  • MDWerks raised $660K on December 7, 2023.
  • Swift Solar raised $25M on December 6, 2023.
  • X-energy raised $235M (Series C) on December 5, 2023.
  • Prospera Energy raised $3.5M (Seed) on December 5, 2023.
  • Waste Energy Corp raised $53K (Seed) on December 5, 2023.

Who to call at Inlyte Energy, and when

A new round usually means Inlyte Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Inlyte Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Inlyte Energy, from your own LinkedIn network

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Company Information

Company

Inlyte Energy

Location

Berkeley, California, United States

About

Inlyte Energy delivers breakthrough iron-sodium battery technology enabling safe, sustainable, and domestically produced long-duration energy storage. With simple ingredients—iron and salt—and innovative design, Inlyte is reshaping energy storage, enhancing resilience, and supporting the energy transition worldwide. Inlyte's modular battery design makes it ideal for utilities, industrial facilities, data centers, and critical infrastructure seeking reliable and resilient power storage solutions.

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Fundz sees it the moment Inlyte Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Predictive Intelligence
Strategic

ML-powered predictions for Inlyte Energy's next move

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Inlyte Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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