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- Lyte AI
Lyte AI Valuation, Funding & Investors
Lyte AI is valued at $1.6B as of September 2026.
Last Lyte AI valuation
$1.6B
Series C · Sep 2026
Last Lyte AI funding round
$165M
Series C · Sep 2026
Cumulative funding Lyte AI raised
$272M
across 2 funding rounds
Key investors in Lyte AI
Fidelity
Atreides Management
Key 1 Capital
EXOR
Maverick Silicon
Avigdor Willenz
About Lyte AI
Lyte AI is a perception technology provider offering LyteVision, a 4D vision system integrating imaging, depth sensing, and motion awareness for robotics, drones, and autonomous vehicles.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.6B (Sep 2026)
Lyte AI Valuation
Lyte AI is currently valued at $1.6B, based on its Series C in September 2026.
The $165M round was led by Maverick Silicon, with participation from Fidelity, Atreides Management, Key 1 Capital and Ora Global.
Lyte AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series C | $1.6B |
Lyte AI Funding History
Lyte AI has raised a total of $272M across 2 funding rounds.
Lyte AI's first fundraising round was a $107M undisclosed-stage round in January 2026. The most recent completed round was a $165M Series C in September 2026.
Lyte AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series C | Maverick Silicon (lead); Fidelity; Atreides Management; Key 1 Capital; Ora Global | $165M | $1.6B | Lyte raised $165 million in a Series C led by Maverick Silicon, with participation from Fidelity Management & Research, Atreides Management, Key1 Capital, and Ora Global. The round valued the company at $1.6 billion post-money, and Andrew Homan of Maverick Silicon joined the board. The financing was positioned to support Lyte’s move into production deployments as it commercializes its physical AI perception technology for robotics. The company’s stated focus is giving robots a trustworthy view of the world through sensing and perception systems, and the round brought total capital raised since founding in 2021 to $272 million. Lyte is based in Sunnyvale, California, and develops physical AI perception technology for robots, including sensing and perception capabilities intended to improve robotic understanding of complex environments. The company was founded in 2021 and had raised multiple prior rounds before this Series C, with Fidelity Management & Research among its earlier backers. |
| Jan 2026 | Undisclosed stage | Avigdor Willenz (lead); Fidelity; Atreides Management; EXOR; Key 1 Capital; VentureTech Alliance | $107M | - | Lyte AI, a Mountain View-based robotics perception startup founded by former Microsoft Kinect and Apple Face ID engineers Alexander Shpunt, Arman Hajati, and Yuval Gerson, emerged from stealth on January 5, 2026, with $107 million in aggregate Series A funding. The company develops LyteVision, an integrated perception platform combining 4D sensing, RGB imaging, and motion awareness to enable safe and reliable operation of autonomous robots including AMRs, humanoids, and robotaxis in unstructured environments. Backed by Avigdor Willenz as founding investor and board chairman, alongside Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and Venture Tech Alliance, the funding supports commercialization of its flagship product as core infrastructure for Physical AI. Lyte's technology received Best of Innovation recognition in Robotics at CES 2026, along with honors in Vehicle Technology and Advanced Mobility, where it demonstrated the platform through private sessions. The startup positions itself as a supplier of unified sensing stacks to address deployment complexities faced by manufacturers amid labor shortages and automation pressures. CEO Alexander Shpunt emphasized building the perception layer for scalable robot operations, while investors like Atreides Managing Partner Gavin Baker highlighted the founders' expertise in pioneering 3D sensing for the new era of 4D vision. The company cites market projections of the AI robotics sector reaching $125 billion by 2030, noting many industrial firms lack internal capabilities for sensor integration and robotic automation. Funds are earmarked for advancing its AI-driven operating layer that evolves with vision, language, and action models, focusing on hardware-level safety and performance. Avigdor Willenz praised the team's disciplined system-level approach to perception, drawing from his experience in foundational silicon technologies. |
Who has invested in Lyte AI?
8 investors have backed Lyte AI across its funding rounds, including Fidelity, Atreides Management, Key 1 Capital, EXOR, Maverick Silicon and Avigdor Willenz.
Lead investors include Maverick Silicon and Avigdor Willenz.
Lyte AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| -- | 1 | Lead | Jan 2026 | |
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Sep 2026 | ||
This data is available for Pro users. Sign up to see all 8 Lyte AI investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialLyte AI Competitors
Lyte AI competitors include listed companies like Infleqtion, Aeva, Autel Intelligent Tech and Hesai Technology, and private ones like Quanergy Systems and Peregrine.ai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $29M | ($52M) | $3.1B | 64.5x | ||
| Private | - | - | $1.6B | - | ||
| Publicly listed | $18M | ($139M) | $1.1B | 35.6x | ||
| Private | $30M | - | $2.5B | 83.3x | ||
| Publicly listed | $721M | $196M | $2.5B | 2.9x | ||
| Publicly listed | $451M | $71M | $2.7B | 3.1x |
Lyte AI Public Comps
Lyte AI is still privately-owned, but its public comps include CTS Corp., TRS Information Technology, Shenzhen Ysstech Info, Wenge AI, C3.ai, PCITECH, Willfar, Koh Young, BigBear.ai and Park Systems.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $541M | $120M | 3.0x | 2.9x | 13.5x | 12.4x | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $1.5B | $53M | 0.8x | 0.9x | 24.1x | - | |||
| $444M | $119M | 3.7x | 3.5x | 13.9x | 12.8x | |||
| $169M | $21M | 7.5x | 5.9x | 60.1x | 31.1x | |||
This data is available for Pro users. Sign up to see all Lyte AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lyte AI
| When was Lyte AI founded? | Lyte AI was founded in 2017. |
| Where is Lyte AI headquartered? | Lyte AI is headquartered in United States. |
| Is Lyte AI publicly listed? | No, Lyte AI is a private, VC-backed company. |
| What is Lyte AI's valuation? | Lyte AI was last valued at $1.6B in its Series C in September 2026. |
| How much funding has Lyte AI raised? | Lyte AI has raised $272M across 2 funding rounds. |
| What was Lyte AI's last funding round? | Lyte AI's last funding round was a $165M Series C in September 2026, led by Maverick Silicon. |
| Who are Lyte AI's investors? | Lyte AI's investors include Fidelity, Atreides Management, Key 1 Capital, Avigdor Willenz, EXOR, Maverick Silicon, Ora Global and VentureTech Alliance. |
| Which companies are comparable to Lyte AI? | Companies comparable to Lyte AI include Infleqtion, Quanergy Systems, Aeva, Peregrine.ai, Autel Intelligent Tech and Hesai Technology. |
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