Tech Company Financing Transactions
QCraft Funding Round
QCraft, based in Beijing, scored $100 million from Ningbo Ninghai Xingtaihe Fund and private investors.
Transaction Overview
Company Name
Announced On
3/23/2026
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to: Advancing physical AI research and development, with a particular focus on world models and reinforcement learning. Consolidate its organizational capabilities and global talent pipeline.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
7th Floor, Office Building A, No. 19 Zhongguancun Street, Ha 701
Beijing, 100080
China
Beijing, 100080
China
Phone
Undisclosed
Website
Email Address
Overview
QCraft is a global leader in L2++ to L4 autonomous driving (AD) solutions for automakers. Founded in Silicon Valley in 2019, the company has deployed its technology in over 1 million vehicles. Backed by a world-class R&D team and partnerships with leading OEMs and tech companies, QCraft combines proven large-scale adoption with industry-leading safety and efficiency to bring autonomous driving into real life.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Yu
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We do our best to record funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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