Many of the other board members are on the board of Google , Formerly Amazon, and Tesla .
Volkswagen group own 25% of the company and at the high of $135 not one share was issued. This is a very sign which means Quantumscape does not need more money.
The company has yet to put out a product but given the board the massive share investment of Volkswagen; Quantumscape likely has a very promising prototype not seen by the public.
The TAM (Total Addressable Market) for Quantumscape is massive and goes beyond EVs .
The company can produce for consumer devices such as phones, VR wearables, watches, Medical equipment, home energy storage, aircrafts, boats etc. A market that is expected to reach well over $100B by 2030.
With strong partnerships and a killer patented solid state battery product, Quantumscape can capture a large share of the battery market and can possible have revenues of $25B+ by 2025.
This is a "Pie Castles in the Sky" "Concept" play...but given the team, investment by volkswagen, Bill Gates, protective patents and market... Quantumscape is no doubt a play that excites the imagination of the public.