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Silicon Valley Lidar Maker Quanergy Systems Puts its Planned IPO on Hold

Silicon Valley Lidar Maker Quanergy Systems Puts its Planned IPO on Hold

A new report suggests trouble is brewing at silicon valley startup Quanergy systems Inc., a company developing solid state lidar for autonomous cars, Bloomberg has reported. Quanergy was one of the first self-driving tech unicorns—reaching a $1.5 billion valuation in 2016.

Jeremy Carlton2018-08-13 16:10 PT

Silicon Valley Based LiDAR Maker Quanergy is Seeking IPO

Silicon Valley Based LiDAR Maker Quanergy is Seeking IPO

Quanergy Systems Inc. could be the first initial public offering (IPO) to emerge from a crowded field of autonomous driving technology companies that have set up shop in Silicon Valley.

Eric Walz2017-09-21 16:38 PT