Kaloyan Andonov of GCV Analytics, and James Mawson, Global Corporate Venturing's founder and editor-in-chief, review the latest deals for a core subsector within cars.
Three developers of light, detection and ranging (lidar) technology have raised funding over the past weeks in rounds backed by corporates, while others could have an edge having been developed with state backing.
Quanergy Systems, a US-based company working on solid state lidar sensors and smart sensing software, raised about $90m in series B funding last week at a valuation “well over $1bn”.
The round featured sensor and control equipment maker Sensata, auto parts manufacturer Delphi and electronics…
