Lyte, a physics AI company, completed $165 million in C rounds of financing, with Maverick Silicon in the lead

On 2 September, according to Bloomberg, Lyte, a physical AI company, announced the completion of a $165 million C round of financing, with the participation of Maverick Silicon and the participation of Fidelity Management & Research, Atreides Management, Key1 Capital and Ora Global, with a post-investment valuation of $1.6 billion. Lyte was founded in 2021 by former Apple and PrimeSense engineers and focused on the provision of complete sensory technology for robotics, from customized chips, multimodular sensors to space software. To date, the company ' s cumulative financing has reached $272 million. This round will be used to scale up the production of sensory chips and the LyteVision platform under the flag and to advance the deployment of AI sensory capabilities and robotic commercialization。