Quanergy, founded in November 2012, is developing the world's leading LiDAR sensors and software for capturing and processing real-time 3D mapping data. In transportation, the data will be utilized to greatly improve the accuracy and reliability of on-board driver safety systems and enhance them with object recognition and scenario analysis capability, and also to enable autonomous driving in the future. Quanergy has established early partnerships with global automotive companies and digital map makers, and will be expanding its market footprint following introduction of the Mark VIII.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 11/26/13 | undisclosed |
Markis Newbury Ventures Wardenclyffe Partners | undisclosed |
