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Lyte Closes $165 Million Round, Bringing AI Startup's Valuation to $1.6 Billion

1 source ·1 article ·1h ago

Lyte, a fast-growing robotics and artificial intelligence startup from top members of Apple Inc.'s Face ID team, has secured about $165 million in a new funding round that more than triples the company’s valuation to $1.6 billion.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·1h ago

Lyte Closes $165 Million Round, Bringing AI Startup's Valuation to $1.6 Billion

Lyte, a fast-growing robotics and artificial intelligence startup from top members of Apple Inc.'s Face ID team, has secured about $165 million in a new funding round that more than triples the company’s valuation to $1.6 billion.