Quanergy's Car-grade Solid-state Laser Radar S3

On October 29, Quanergy, a provider of solid-state lidar solutions, announced the completion of tens of millions of dollars in Series C financing, with leading investors being global first-tier funds. This round of financing will be used to accelerate product innovation and landing on the hardware, software and data terminals, accelerate the construction of China's production bases, and strive to establish closer cooperation with the industry. Invested in the capital as the Chinese financial advisor for the transaction.

According to the data, Quanergy was founded in 2012 as a supplier of 3D lidar sensors and smart sensing solutions. It has developed small solid-state laser radar products for smart cars, security, industrial automation, 3D mapping, etc. field. According to Quanergy, since the end of 2017, the company's fully automated production line in Silicon Valley in the United States has the capacity to produce millions of solid-state laser radars per year, and has already begun to lay out the Chinese market.

Recently, Quanergy founder and CEO Louay Eldada said at the 2018 Global Smart Driving Summit that the company will then establish partnerships with more leading Chinese manufacturers. Louay Eldada expects that the company's products can reach the autonomous driving L3 level in 2019-2021, and can be put into the first batch production cars in 2022-2024, achieving a high degree of automatic driving. In 2025 and beyond, they hope to use autonomous driving on all road conditions.

For Quanergy, the core technology is solid-state laser radar. Lei Feng network new wisdom to understand, through embedded design, OPA lens development, minimum detection distance, etc.