Lyte Raises $165M Series C at $1.6B Valuation
Funding led by Maverick Silicon for robot perception startup founded by Apple Face ID engineers.
TLDR
Tech Funding News reported that Lyte raised $165M in Series C funding led by Maverick Silicon at a $1.6B post-money valuation. The outlet stated that Lyte was founded by engineers behind Apple's Face ID and Microsoft Kinect. The company is described as working on robot perception technology. The announcement appears in a tweet linking to the Tech Funding News article, which carries the same headline and details about the round.
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