RoboticsBloomberg1h ago
Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised
Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M
TL;DRApple's ex-Face ID engineers raised $165M for their robotics and AI startup at $1.6B valuation.
Why it matters: Top Apple talent entering robotics signals serious competition in autonomous systems and embodied AI.
Lyte, a fast-growing robotics and artificial intelligence startup from top members of Apple Inc.'s Face ID team …
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