Tuesday, October 30, 2018

Quanergy Lands More Funding For LiDAR Sensors

Sunnyvale-based Quanergy, a developer of solid-state LiDAR technology, said today that it has raised a Series C funding round. Size of the funding was not announced, nor were the investors in the funding. According to Quanergy, the new round was at a valuation exceeding $2 billion. The company said the funding will go to "keep the company's IPO process on track." More information »