QCraft closes US$100m round to advance autonomous AI

QCraft has closed a US$100m Series D funding round to advance research into physical artificial intelligence (AI) and expand its global operations. Investors include Ningbo Ninghai Xingtaihe Fund, Wonderland Capital and the Liangxi Science and Innovation Industry Investment Fund Partnership, managed by Broad Vision Funds, alongside strategic investors from an OEM and an automotive electronics supplier.

The proceeds will fund research in world models and reinforcement learning, with a public debut for QCraft’s world model platform described as imminent. The company will also use the capital to strengthen its organisational and talent capabilities internationally.

In a statement, Dr James Yu, Chairman and Chief Executive of QCraft, said: “2026 marks a critical inflection point in AI development. We are transitioning from ‘human-like’ intelligence to superhuman intelligence. Over the next five to ten years, the greatest opportunities in AI will emerge in the physical world, and that is precisely what makes autonomous driving so exciting.”

QCraft’s QPilot intelligent driving system has surpassed one million vehicles in deployment across nearly 30 production models with close to 10 OEM partners. Its QPilot Pro product delivers urban navigate on autopilot (NOA) performance on a single 128TOPS chip, and the company expects to extend QPilot to more than 50 new vehicle models in 2026.

In the level-4 (L4) autonomous logistics segment, QCraft vehicles are commercially deployed in Jinhua, Wuhu and Ningbo. A robotaxi pilot is planned for 2026, with full-scale deployment targeted for 2027.

Source: Business Wire