Quanergy Systems, which makes solid state LiDAR sensors and smart sensing solutions used in self-driving cars, has raised US$90 million from investors including Sensata Technologies, Delphi Automotive, Samsung Ventures, Motus Ventures and GP Capital.
Since launching in 2012, Quanergy has developed a compact, low-cost, automotive grade solid state LiDAR sensor, the S3 solid state LiDAR and is aggressively working to commercialise these sensors for advanced driver assistance systems (ADAS) and autonomous d