Quanergy was founded in 2012 by Louay Eldada, Angus Pacala, and Tianyue Yu. The company has not officially endorsed a plan to participate in an IPO.
Quanergy develops LiDAR sensors and smart sensing solutions for a range of applications including autonomous vehicles. The company has raised over $325 million in Venture Capital funding from investors including Reshape Holdings, Canas Capital, G Squared, HOF Capital, MicroVentures, Reform Ventures, Studio VC, Rising Tide Fund, Tesla Capital, Motus Ventures, and Newbury Ventures. Per company press releases, Quanergy raised an unspecified amount of funding in April 2020 at an unknown valuation.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/30/2018 | Series C | $23.65MM | $xx.xx | $2.43B | Alisher Usmanov, Daimler, G Squared, Hof Capital, Microventures, Tower Equity | |
Price per Share
$xx.xx
Shares Outstanding
165,237
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alisher Usmanov, Daimler, G Squared, Hof Capital, Microventures, Tower Equity
|
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08/22/2016 | Series B | $89.9MM | $xx.xx | $1.63B | Alrai Capital, Delphi Automotive, Golden Partners Capital, Motus Ventures, Samsung Venture Investment, Sensata Technologies | |
Price per Share
$xx.xx
Shares Outstanding
778,839
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alrai Capital, Delphi Automotive, Golden Partners Capital, Motus Ventures, Samsung Venture Investment, Sensata Technologies
|
||||||
07/30/2015 | Series A-plus | $10MM | $xx.xx | $158.25MM | Delphi Automotive | |
Price per Share
$xx.xx
Shares Outstanding
790,500
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Delphi Automotive
|
||||||
10/31/2014 | Series A | $30MM | $xx.xx | $108.72MM | Motus Ventures, Rising Tide Fund, San Feliu Partners, Teec Angel Fund, Tesla Capital, Wardenclyffe Partners, Wicklow Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,233,871
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Motus Ventures, Rising Tide Fund, San Feliu Partners, Teec Angel Fund, Tesla Capital, Wardenclyffe Partners, Wicklow Capital
|
||||||
05/22/2014 | Series Seed-2 | $999,999.00 | $xx.xx | $16.47MM | Samsung Venture Investment | |
Price per Share
$xx.xx
Shares Outstanding
495,417
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Samsung Venture Investment
|
||||||
04/07/2014 | Series Seed | $3.5MM | $xx.xx | $12.02MM | Motus Ventures, Newbury Ventures, Teec Angel Fund, Wardenclyffe Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,231,248
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Motus Ventures, Newbury Ventures, Teec Angel Fund, Wardenclyffe Partners
|