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LiDAR sensors and smart sensing solutions

Tuesday, August 23rd, 2016

Quanergy Raises $90 Million in Series B Funding

SUNNYVALE, Calif. –Quanergy Systems, Inc., the leading provider of solid state LiDAR sensors and smart sensing solutions, announced today that it has raised $90 million in Series B funding at a valuation well over $1 billion. Sensata Technologies (NYSE:ST), Delphi Automotive (NYSE:DLPH), Samsung Ventures, Motus Ventures and GP Capital participated in the round. This investment