Lyte Emerges From Stealth With $107M to Build Perception Foundation for Physical AI
MOUNTAIN VIEW, Calif Lyte, an end-to-end integrated perception company focused on robotics and Physical AI, has emerged from stealth with $107 million in aggregate funding. The company aims to equip robots with the ability to see, understand, and safely operate in the physical world.Lyte was founded by Alexander Shpunt, Arman Hajati, and Yuval Gerson—the core team behind Apple’s depth-sensing technologies and Microsoft’s Kinect. CEO Alexander Shpunt previously co-founded and served as CTO of PrimeSense, whose 3D sensing platform powered Kinect and later became the foundation of Apple’s depth technology following its acquisition in 2013.
Headquartered in Mountain View, California, Lyte has built a multidisciplinary team spanning sensing, silicon, and Physical AI. Its founding investor and Chairman is Avigdor Willenz, a prominent semiconductor entrepreneur known for creating several influential silicon platforms over the past three decades.
The company has raised funding from leading investors including Avigdor Willenz’s group, Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and Venture Tech Alliance. The capital will support the development of Lyte’s core platform, designed to serve as foundational perception infrastructure for autonomous machines.
Lyte’s flagship product, LyteVision, unifies advanced 4D sensing, RGB imaging, and motion awareness into a single integrated system. Delivered through one connection, the platform provides coherent spatial and visual data for a wide range of Physical AI applications, including autonomous mobile robots, robotic arms, quadrupeds, robotaxis, and humanoids. Built for safety, reliability, and performance from the hardware layer upward, LyteVision is paired with an AI-driven operating layer that evolves alongside advances in vision, language, and action models.
The AI robotics market is projected to reach $125 billion by 2030, yet more than 60% of industrial companies lack the internal expertise required to deploy robotic automation, including sensor integration, according to industry research. Lyte addresses this challenge by replacing fragmented, multi-vendor perception stacks with a vertically integrated system that eliminates months of calibration, sensor fusion, and debugging.
Physical AI will change how the world works, but only if robots can see it clearly,” said Alexander Shpunt, CEO and co-founder of Lyte. “We’re building the perception layer that enables robots to operate safely and reliably at scale.”
Lyte is building at the right layer, at the right moment,” said Avigdor Willenz, founding investor and Chairman. “Solving perception as a system is where lasting value is created.”
Gavin Baker, Managing Partner at Atreides Management, added that Lyte is developing core infrastructure for Physical AI, noting the founding team’s experience in pioneering modern 3D sensing technologies.
Lyte’s perception platform was recognized at CES 2026 with a Best of Innovation Award in Robotics and as an Honoree in Vehicle Tech and Advanced Mobility, selected from more than 3,600 submissions. The company is presenting its technology through private, by-appointment demonstrations at CES 2026.
About Lyte
Lyte builds perception systems for Physical AI operating in complex environments. The company combines custom silicon, integrated sensors, and software into a unified platform for robotics, mobility, and next-generation automation. Lyte is headquartered in Mountain View, California, with a global presence.
