Robotics startup Lyte, founded by former Apple Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M
Big day at Lyte. We just announced the close of a $165M Series C led by Maverick Capital, valuing Lyte at $1.6B. Since exiting stealth in January, we've been moving fast — putting LyteVision, our multimodal perception platform, into production across robotics and industrial appli…