Quanergy Closes Series C Financing; Valued at Over $2 Billion

Quanergy Systems, Inc., a Sunnyvale, Calif.-based leader in the development and manufacture of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation exceeding $2 billion.

An undisclosed global top-tier fund was the lead investor.

Quanergy Systems, a developer of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation of over $2 billion

 

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