Quanergy Systems snags $30 mln

Quanergy Systems has secured $30 million in Series A funding. Rising Tide Fund led the round, with participation from other investors such as Wicklow Capital, Motus Ventures and Wardenclyffe Partners. Headquartered in Sunnyvale, Calif., Quanergy is a maker of LiDAR sensors and software used for capturing and processing real-time 3D mapping data.

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