# Lyte AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lyte-ai

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.lyte.ai/
- Total disclosed funding: $165M
- Latest round: Series C (Sep 2, 2026)
- Investors on record: 5

## About

Based in California, United States and founded in 2021, Lyte AI, Inc. provides physical-AI perception technologies, including custom silicon, multimodal sensing systems and spatial intelligence software for the robotics and autonomous systems industry. The company was founded by Alexander Shpunt (Co-Founder and Chief Executive Officer). In September 2026, Lyte AI raised USD 165 million in series C funding led by Maverick Capital, with participation from Ora Global, Atreides Management, Fidelity Investments, and Key 1 Capital. The company works with robotics manufacturers, autonomous-system developers, industrial automation companies and enterprise customers to provide custom sensing silicon, multimodal perception sensors, spatial intelligence software and AI-powered perception platforms. The company develops and commercializes its LyteVision platform, enabling real-time environment understanding, object detection, navigation and decision-making for robotics and autonomous applications. It also provides integrated hardware and software perception solutions that combine proprietary silicon, optics, sensing technologies and AI models to improve machine awareness, accuracy and operational performance in complex real-world environments. The company generates revenue from the sale of custom sensing silicon, multimodal perception sensors, and AI-powered perception software for robotics and autonomous systems. It also earns revenue through enterprise deployments, software licensing, and technology partnerships. The company plans to utilize the September 2026 funding for robotics perception platform production, platform, and personnel expansion.

## Funding rounds

- Series C, Sep 2, 2026, $165M — Fidelity Investments, Maverick Capital, Atreides Management, Key 1 Capital, Ora Global

## Investors

- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series C
- Atreides Management (https://capitalatlas.ai/funds/atreides-management) — Series C
- Key 1 Capital (https://capitalatlas.ai/funds/key-1-capital) — Series C
- Ora Global (https://capitalatlas.ai/funds/ora-global) — Series C