Lyte Raises $165 Million Series C
2026-09-14
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SUNNYVALE, CA, Lyte, the physical AI perception company, announced a $165 million Series C financing led by Maverick Silicon. The round values Lyte at $1.6 billion post-money.
Lyte, the physical AI perception company, announced a $165 million Series C financing led by Maverick Silicon. The round values Lyte at $1.6 billion post-money.
The round included Fidelity Management & Research Company, which led Lyte's Series B, along with Atreides Management, Key1 Capital, Ora Global (formerly Exor Ventures), and additional existing and new investors. Total capital raised since the company's founding in 2021 now stands at $272 million.
The round included Fidelity Management & Research Company, which led Lyte's Series B, along with Atreides Management, Key1 Capital, Ora Global (formerly Exor Ventures), and additional existing and new investors. Total capital raised since the company's founding in 2021 now stands at $272 million.
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