The 3D sensor developer raised the funding at a valuation north of $1bn, with contributions from Sensata Technologies, Delphi Automotive and existing backer Samsung.
Quanergy Systems, a US-based developer of light detection and ranging (lidar) technology, secured $90m yesterday in a series B round featuring corporates Sensata Technologies, Delphi Automotive and Samsung.
Sensor and control equipment maker Sensata, auto parts manufacturer Delphi and electronics manufacturer Samsung, which invested through its Samsung Ventures unit, were joined in the round by venture capital fund Motus Ventures and investment firm GP Capital.
Quanergy builds solid-state lidar sensors and software used to capture and process high-definition 3D mapping…