Quanergy Systems Secures $90,000,000 Series B Financing Round

  • Feed Type
  • Date
    8/24/2016
  • Company Name
    Quanergy Systems
  • Mailing Address
    482 Mercury Drive Sunnyvale, CA 94085 USA
  • Company Description
    Quanergy is a privately-held, Silicon-Valley-based technology company developing smart sensing solutions for real-time 3D mapping and object detection, tracking, and classification.
  • Website
    http://www.quanergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $90,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Innovation in LiDAR technology represents one of the largest opportunities unfolding around the globe, and this infusion of funding will enable us to accelerate development, scale faster and expand our world-class engineering team.
  • M&A Terms
  • Venture Investor
    Delphi Ventures
  • Venture Investor
    Samsung Ventures
  • Venture Investor
    Motus Ventures
  • Venture Investor
    GP Capital