Lyte closes $165M Series C at $1.6B post-money valuation
Lyte closed a $165 million Series C led by Maverick Silicon at a $1.6 billion post-money valuation, bringing cumulative funding to $272 million.
Evidence notes
- Maverick Silicon led the completed Series C; Fidelity Management & Research, Atreides Management, Key1 Capital and Ora Global also participated.
- The financing supports production scale-up and customer deployments.
- Lyte combines custom sensing silicon, multimodal sensors and spatial software for robotics and autonomous systems.