Quanergy Systems

Quanergy Systems, which makes lidar sensors and related software, files for Chapter 11 bankruptcy, after going public via a $175M SPAC merger in February 2022

Jeremy Hill / Bloomberg :

Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B

How Quanergy Systems, which makes lidar for autonomous cars, has failed to deliver after raising $160M and hitting a peak valuation of over $1.6B

Quanergy Systems Inc. found itself in the center of a sudden frenzy over self-driving cars in 2014.  It makes lidar, which bounces lasers off objects …

Quanergy Systems, maker of light-sensitive radar sensors used in self-driving cars, raises $90M at $1.59B post-money valuation

Kirsten Korosec / Fortune :

Quanergy Systems, maker of light-sensitive radar sensors used in self-driving cars, raises $90M at $1.59B post-money valuation

Quanergy Systems, a Silicon Valley startup that makes light detection and ranging sensors used in self-driving cars, has raised $90 million from investors …