Lyte Emerges From Stealth With $107 Million to Build the Perception Foundation for Physical AI

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan 5, 2026--

Lyte, an end-to-end integrated perception company for robotics and Physical AI, today emerged from stealth with $107 million in aggregate funding. Its mission is to give robots the ability to see, understand, and operate safely in the physical world.

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Headquartered in Mountain View, California, Lyte was founded by Alexander Shpunt, Arman Hajati, and Yuval Gerson, the key architects behind Apple’s depth-sensing and perception technologies. CEO Alexander Shpunt co-founded and served as CTO of PrimeSense, the 3D sensing company that powered Microsoft Kinect and later became the foundation of Apple’s depth platform after its 2013 acquisition.

Lyte has assembled a world-class team spanning sensing, silicon, and Physical AI. The company’s founding investor and Chairman of the Board is Avigdor Willenz, a pioneering semiconductor entrepreneur behind several of the most influential silicon platforms of the past three decades.

The company has raised an aggregate of $107M from some of the industry's premier investors, including Avigdor Willenz's group, Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and Venture Tech Alliance. With this funding, Lyte is building the perception foundation for autonomous machines. Its core product, LyteVision, integrates advanced 4D sensing, RGB imaging, and motion awareness into a single platform, delivering unified spatial and visual data through one connection. LyteVision enables a wide range of Physical AI platforms, including autonomous mobile robots, robotic arms, quadrupeds, robotaxis, and humanoids. Engineered for safety, reliability, and performance from the hardware up, the system is paired with an AI-driven operating layer that continuously advances alongside breakthroughs in vision, language, and action models - enabling Physical AI systems to perceive, reason, and act with increasing intelligence over time.

The AI robotics market is projected to reach $125 billion by 2030, according to leading researchers 1, yet over 60% of industrial companies lack the internal capability to implement robotic automation, including sensor integration, according to McKinsey.

The company's approach addresses a structural problem in robotics. Teams today assemble perception from multiple vendors, then spend months calibrating sensors, writing fusion software, and debugging integration failures. Lyte's vertically integrated stack eliminates that cycle.

"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."

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 a record 3,600 submissions. Lyte will present the technology at CES through private, by-appointment demonstrations. Inquiries: info@lyte.ai.

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. For more information, visit www.lyte.ai.

1All About AI aggregated research, including from Grand View Research, Mordor Intelligence, and Precedence Research; Investor Place

Learn more at lyte.ai

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Apr 2, 2026--

Coca-Cola Beverages Florida, LLC (Coke Florida) today unveiled limited-edition America250 Coca-Cola cans at its Jacksonville manufacturing facility—one of the select locations in the country producing commemorative packaging representing all 50 states ahead of the nation’s 250th anniversary.

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“Coca-Cola has been a unique and deeply rooted part of Americana for nearly 140 years,” said Troy Taylor, Chairman & Chief Executive Officer of Coke Florida. “As we celebrate this milestone, we’re proud to join our fellow bottling partners and The Coca-Cola Company in bringing these commemorative cans to life. This effort reflects our shared commitment to celebrating America’s 250th Anniversary while continuing to create meaningful connections with the communities we serve across Florida and beyond.”

Federal, state and local officials joined community leaders and Coke Florida associates for the unveiling event, which offered a first look at the commemorative cans as they moved through production lines—connecting Florida manufacturing directly to a once-in-a-generation national celebration.

Beginning April 6, the America250-themed Coca-Cola and Coca-Cola Zero Sugar mini cans will be available at retailers across Florida. Consumers will find patriotic branding on various Coca-Cola packages and other brands distributed by Coke Florida, such as smartwater and Gold Peak. Specially wrapped Coke Florida delivery trucks will also travel throughout the state, extending the visibility of the campaign into local communities.

Following the unveiling, guests toured the Jacksonville facility, gaining behind-the-scenes access to the scale and precision of Coke Florida’s operations, from production and packaging to warehousing and distribution, underscoring the company’s role in delivering a beverage for every occasion across the state.

As a Signature Partner of America250, The Coca-Cola Company is helping bring people together to mark this historic milestone—continuing a legacy that dates back to 1886 of being part of moments that unite communities across generations. In addition to the production of commemorative packaging, Coke Florida will further support America250 through planned community engagement initiatives and local activations to be rolled out throughout 2026.

For more information about the unveiling event or inquiries related to Coke Florida’s America250 celebration activities, visit cokeflorida.com/america250.

About Coca-Cola Beverages Florida, LLC

Coca-Cola Beverages Florida, LLC (Coke Florida) is a strategic bottling partner of The Coca-Cola Company and a growth-focused consumer packaged goods company. We are one of the largest Coca-Cola bottlers in the United States with an exclusive territory that covers forty-seven counties in Florida. Coke Florida makes, sells, and distributes a portfolio of beverages for every occasion including sparkling soft drinks, waters, teas, sports drinks, energy drinks, juices, and value-added dairy drinks. We drive positive economic impact in the communities we serve through employing over 5,000 associates and operating four GreenCircle Certified production facilities and eighteen distribution centers. Our investments in sustainability, education, and economic empowerment are the foundation of our commitment to helping build stronger communities. Founded in 2015 and headquartered in Tampa, Coke Florida is also one of the largest Black-owned businesses in the United States. The company has been recognized as a US Best Managed Company Gold Standard Winner by Deloitte Private and The Wall Street Journal. To learn more, visit www.cokeflorida.com and follow us on Instagram, Facebook, and LinkedIn.

Limited-edition America250 Coca-Cola mini cans produced by Coca-Cola Beverages Florida will be available starting April 6th across Florida.

Coca-Cola Beverages Florida celebrates the launch of America250 Commemorative Coca-Cola cans in Florida.