Lyte raised $165 million in Series C funding led by Maverick Silicon to develop robotic sensing and perception technology for warehousing and manufacturing.
- Amount
- $165M
- Stage
- Series C
- Announced
- 2 September 2026
- Lead
- Maverick Silicon
- Other investors
- Fidelity Management and Research Co., Atreides Management, Key1 Capital, Ora Global
- Use of funds
- Scale production of sensing silicon and sensor platform, advance AI and perception capabilities, and expand deployments to robotics companies and industrial customers.
- Total raised
- $272M to date
- Valuation
- $1.6B
- Checked
- Amount and date matched across 3 press sources