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How Quanergy Systems, which makes lidar for autonomous cars, has failed to deliver after raising $160M and hitting a peak valuation of over $1.6B (Bloomberg)
By
Eresh
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August 14, 2018
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http://www.techmeme.com/
Techmeme
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Bloomberg:
How Quanergy Systems, which makes lidar for autonomous cars, has failed to deliver after raising $160M and hitting a peak valuation of over $1.6B — Quanergy Systems Inc. found itself in the center of a sudden frenzy over self-driving cars in 2014. It makes lidar, which bounces lasers off objects …
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