Lyte, a physical AI perception company, has raised $165 million in a Series C round led by Maverick Silicon, pushing its valuation to $1.6 billion post-money. The company builds custom silicon, multimodal sensors, and spatial software for robots, a stack it says it developed and owns "from the transistor up," and the new financing will fund production of LyteVision, its sensing platform for physical AI systems.
Most robotics platforms today stitch together perception from off-the-shelf components that were never designed to work as one system, and pay for it in latency, calibration drift, and data that's hard to trust. LyteVision instead fuses what Lyte calls "4D coherent vision," high-resolution imaging, and inertial sensing onto a single synchronized timeline, all running on Lyte's own silicon. That lets the system measure position and motion directly rather than reconstruct them in software after the fact.
Lyte exited stealth in January 2026 and says it has since moved into production, shipping LyteVision to robotics customers across inspection, logistics, and manufacturing. The platform won CES 2026's Best of Innovation award in the robotics category. For inspection teams running robotic arms or mobile platforms on the shop floor, drift and latency are exactly what erode measurement repeatability, so native position sensing targets a real failure mode rather than a marketing claim.
Lyte was founded in 2021 by former Apple and PrimeSense engineers whose earlier work helped bring 3D perception into Microsoft Kinect and later became foundational to Face ID, now used on more than a billion devices. "Physical AI has a sensing problem before it has a model problem," said Alexander Shpunt, Lyte's CEO and co-founder. "A robot cannot act safely on data that does not faithfully describe the world. This financing will put LyteVision into more robots, across more environments, faster."
Andrew Homan, managing partner at Maverick Silicon, is joining Lyte's board as part of the deal. "The breadth and diversity of early customer demand strengthen our conviction that Lyte is poised to become one of the defining technology companies of the robotics era," Homan said. Lyte plans to use the new capital to scale silicon and LyteVision production and hire across optics, manufacturing, and go-to-market roles, including senior leadership positions. Total funding raised since the company's 2021 founding now stands at $272 million.
