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Quanergy Systems
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Short description

Developer of LIDAR smart sensing technologies enabling autonomous driving solutions

Founded in 2012
Founded in

Company type Public Public (QNGY)
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sunnyvale, CA Sunnyvale, United States
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Updated by Jonathan Koch at on 07/26/2017

Edited by Cleantech Group on 07/01/2024

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Sensata Technologies Sensata Technologies
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IPO INFORMATION

Date

02/09/2021

IPO status

Listed

IPO Type

SPAC

Amount

$25M

Initial shares

Ticker symbol

QNGY

Exchange listed

NYSE

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Description

Quanergy Systems has agreed to merge with CITIC Capital Acquisition Corp. to go public. Valuation is at $1.4 billion, with PIPE funding at $40 million.

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Date Investors Type Amount
10/30/2018 (0)
Post-money valuation of $2.0B
An undisclosed fund led this Series C round. funding will be used to accelerate the development and production of the company's solid-state LiDAR. Regulatory filings show approximately $5 million in new funding.
Growth Equity $45,000,000
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