Announced
Synopsis
Avigdor Willenz, a founding investor, led a $107m funding round in Lyte, an end-to-end integrated perception company for robotics and Physical AI, with participation from Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and VentureTech Alliance. "Physical AI will change how the world works, but only if robots can see it clearly. After helping shape how billions of people interact with technology, we’ve assembled an extraordinary team to build the perception layer that enables robots to operate safely and reliably at scale," Alexander Shpunt, Lyte CEO and Co-Founder.
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