Inlyte Energy was founded in 2021 to re-invent the proven sodium metal halide technology as large-scale iron + sodium batteries for daily cycling long duration energy storage. Inlyte is the merger of a Silicon Valley-based team of electrochemistry experts and executive team plus the pioneers of this battery technology in the UK with decades of experience. Inlyte is backed by top venture capital and strategic investors, with an $8M funding round in mid-2023 from At One Ventures, First Spark Ventures, Valo Ventures, TechEnergy Ventures, GS Futures, and others. Inlyte is also an ARPA-E award recipient and received early support from the Activate Fellowship in partnership with Lawrence Berkeley National Lab. Inlyte’s iron + sodium (NaMX) battery is ideal for discharge durations of 4-12 hours and is manufactured using materials abundantly available in the U.S. and worldwide, primarily iron and table salt.