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Qaunergy Systems locks in funding

Sunnyvale, California-based Quanergy Systems Inc, a provider of LiDAR sensors and smart perception solutions, has secured funding.

Sunnyvale, California-based Quanergy Systems Inc, a provider of LiDAR sensors and smart perception solutions, has secured funding. No financial terms were disclosed. In addition to the funding, Quanergy has named Kevin Kennedy as CEO.

Source: Press Release