Lyte, an end-to-end integrated perception company focused on robotics and Physical AI, has officially emerged from stealth after securing $107 million in aggregate funding. With this milestone, the company aims to redefine how robots see, understand, and safely operate in the physical world. By combining advanced sensing technologies with artificial intelligence, Lyte is positioning itself as a foundational player in the rapidly evolving robotics ecosystem.
Headquartered in Mountain View, California, Lyte was founded by Alexander Shpunt, Arman Hajati, and Yuval Gerson, the same core team behind groundbreaking perception technologies such as Apple Face ID and Microsoft Kinect. Notably, CEO Alexander Shpunt previously co-founded and served as CTO of PrimeSense, the 3D sensing company that powered Microsoft Kinect and later became the basis of Apple’s depth-sensing platform following its acquisition in 2013. Building on this legacy, the founders are now applying decades of expertise to solve one of robotics’ most persistent challenges: perception at scale.
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In addition, Lyte has brought together a world-class team spanning sensing, silicon engineering, and Physical AI. The company’s founding investor and Chairman of the Board is Avigdor Willenz, a renowned semiconductor entrepreneur who has played a key role in shaping several influential silicon platforms over the last three decades. His involvement further strengthens Lyte’s credibility as it works to establish a new perception standard for autonomous machines.
The company has raised funding from a strong lineup of investors, including Avigdor Willenz’s group, Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and Venture Tech Alliance. With this capital, Lyte is accelerating the development of its core product, LyteVision. This unified sensing platform seamlessly integrates advanced 4D sensing, RGB imaging, and motion awareness into a single system. As a result, it delivers synchronized spatial and visual data through one connection, significantly simplifying robotic perception.
Moreover, LyteVision supports a broad range of Physical AI platforms, including autonomous mobile robots, robotic arms, quadrupeds, robotaxis, and humanoid robots. Designed from the hardware up for safety, reliability, and performance, the platform also includes an AI-driven operating layer. This layer continuously evolves alongside advances in vision, language, and action models, enabling robots to perceive, reason, and act with increasing intelligence over time.
The market opportunity is substantial. According to leading researchers, the AI robotics market is expected to reach $125 billion by 2030. However, despite this growth, more than 60% of industrial companies lack the internal capabilities to implement robotic automation, particularly in areas such as sensor integration, as highlighted by McKinsey. Lyte directly addresses this gap by offering a vertically integrated perception stack that eliminates months of sensor calibration, software fusion, and integration debugging.
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“Physical AI will change how the world works, but only if robots can see it clearly,” said Alexander Shpunt, CEO and Co-Founder. “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.”
“Lyte is building at the right layer, at the right moment,” said Avigdor Willenz, founding investor and Chairman. “I’ve seen how foundational technologies unlock entire industries. What stands out here is the depth of the team and the discipline to solve perception as a system – where lasting value is created.”
“Lyte is building core infrastructure for Physical AI: a perception platform that helps robots safely understand and interact with the real world,” said Gavin Baker, Managing Partner, Atreides Management. “The founders already pioneered one era of 3D sensing and are among the select few with the credibility and technical depth to usher in a new frontier defined by coherent 4D vision and full-stack perception.”
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