QuantumScape was founded in 2010 by Jagdeep Singh. The company is planning to go public through a reverse merger with blank-check company Kensington Capital Acquisition Corp.
QuantumScape is the developer and manufacturer of solid-state batteries for use in electric vehicles. The company has raised nearly $500 million in Venture Capital funding from investors including Breakthrough Energy Ventures, Capricorn Investment Group, Volkswagen, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, and Prelude Ventures. It has been widely reported that QuantumScape last raised $200 million in June 2020 at a post-money valuation of $2.3 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/23/2020 | Series F | $200MM | $xx.xx | $2.21B | Breakthrough Energy Ventures, Capricorn Investment Group, Volkswagen | |
Price per Share
$xx.xx
Shares Outstanding
7,569,507
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
Breakthrough Energy Ventures, Capricorn Investment Group, Volkswagen
|
||||||
09/13/2018 | Series E | $100MM | $xx.xx | $1.75B | Volkswagen | |
Price per Share
$xx.xx
Shares Outstanding
4,475,534
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
Volkswagen
|
||||||
04/28/2016 | Series D | $60MM | $xx.xx | $1.4B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,983,189
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
Undisclosed Investors
|
||||||
12/11/2013 | Series C | $71.12MM | $xx.xx | $643.52MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,833,750
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
Undisclosed Investors
|
||||||
01/07/2013 | Series B | $52.03MM | $xx.xx | $202.6MM | Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Prelude Ventures | |
Price per Share
$xx.xx
Shares Outstanding
10,366,607
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
Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Prelude Ventures
|
||||||
03/31/2011 | Series A | $27.74MM | $xx.xx | $61.42MM | Wilson Sonsini Goodrich & Rosati | |
Price per Share
$xx.xx
Shares Outstanding
12,600,000
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
Wilson Sonsini Goodrich & Rosati
|