Physical AI Lyte Raises $165M in Series C Funding

The round also saw th participation from Fidelity Management & Research Company, Atreides Management, Key1 Capital, Ora Global, and other existing and new investors.

The capital will support production scaling, AI and perception development, customer deployments, and team expansion.

About Lyte

Founded in 2021, by Alexander Shpunt, Arman Hajati, and Yuval Gerson, Lyte builds perception technology for physical AI, robots, and autonomous systems. The company develops custom silicon, multimodal sensors, and spatial software that help machines understand their position, movement and surroundings in real time.

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Lyte emerged from stealth in January 2026, and has since entered production, shipping its technology to robotics customers in inspection, logistics and manufacturing.

Core offerings include:

• LyteVision perception platform
• Custom AI perception silicon
• Multimodal sensors
• Spatial software for robotics

Leadership Comments

“Physical AI has a sensing problem before it has a model problem. A robot cannot act safely on data that does not faithfully describe the world. We build the entire perception foundation, from custom silicon to the spatial data our systems produce. This financing will put LyteVision™ into more robots, across more environments, faster,” said Alexander Shpunt, CEO and co-founder of Lyte.

“Owning the silicon separates companies that define a category from those that participate in one. Lyte controls every layer of how a robot understands the world and is now taking that breakthrough engineering into production,” said Avigdor Willenz, Lyte’s chairman.

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