Automata operating on infinite objects provide an invaluable tool for the specification and verification of the ongoing behavior of infinite systems. Coalgebra automata generalize the well-known automata that operate on specific types of infinite structures such as words/streams, trees, graphs or transition systems. The motivation underlying the introduction of coalgebra automata is to gain a deeper understanding of this branch of automata theory by studying properties of automata in a uniform manner, parametric in the type of the recognized structures. Coalgebraic automata theory thus contributes to Universal Coalgebra as a mathematical theory of state-based evolving systems. In the talk we introduce parity automata that correspond to coalgebraic modal fixpoint logic based on predicate liftings. More specifically, we define the notion of a $\Lambda$-automaton, where $\Lambda$ is a set of predicate liftings for a given functor $T$, and the notion of acceptance for such an automaton, which is defined in terms of a parity acceptance game. The main result that we discuss states that a $\Lambda$-automaton accepts a pointed coalgebra iff it accepts a finite coalgebra which is obtained from the automaton itself by some effective construction. This result corresponds to a general bounded model property for coalgebraic modal fixpoint logics. Time permitting we discuss some complexity issues, and relate our results to work by Cirstea, Kupke and Pattinson.