Latham & Watkins Advises on Robotics Perceptions Startup Lyte’s US$165 Million Series C
Lyte, the physical AI perception company, founded by the engineers behind Apple’s Face ID and Microsoft Kinect, has announced a US$165 million Series C financing led by Maverick Silicon. The round values Lyte at US$1.6 billion post-money.
Latham & Watkins LLP represented Maverick Silicon in the transaction with a corporate deal team led by partners John Miller and Haim Zaltzman, with associate Mason Taylor.