Inlyte Energy Raises $8M to Develop Grid Batteries Made of Iron and Salt

SAN LEANDRO, Calif., Oct. 26, 2023 /PRNewswire/ — Today Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the…