Prime Movers Lab led a $200m Series B round in Lyten.

Prime Movers Lab, a venture capital firm, led a $200m Series B round in Lyten, a 3D graphene decarbonizing supermaterials manufacturer, with participation from Stellantis, FedEx, Honeywell, and Walbridge Aldinger. “We are excited to welcome our Series B investors, each a leader in their respective markets and committed to achieving aggressive net zero targets for their industry. The influx of strategic investors reflects the evolution of Lyten from its early days of developing a first-of-its-kind supermaterial to now collaborating with industry leaders to bring disruptive, decarbonizing applications to market, utilizing the differentiated properties of Lyten 3D Graphene. Our investors provide more than financial resources; they provide guidance and expertise to help ensure Lyten applications address the critical needs of a wide range of industries, including automotive, transportation, defense, aerospace, manufacturing, energy, and construction,” Dan Cook, Lyten Co-Founder and CEO.