QCraft, a well-known company in self-driving technology, has raised $100 million in a new Series D funding round. The company focuses on building AI systems for autonomous driving.
This funding round was supported by a group of investors working together. Some of the key investors include Ningbo Ninghai Xingtaihe Fund and Wonderland Capital.
Other contributors include Liangxi Science and Innovation Industry Investment Fund Partnership (managed by Broad Vision Funds), along with strategic investors from a major car manufacturer and an automotive electronics supplier.
“2026 marks a critical inflection point in AI development. We are transitioning from ‘human-like’ intelligence to superhuman intelligence,” said Dr. James Yu, Chairman and CEO of QCraft.
“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. It is the best and most direct gateway into physical-world AI.”
QCraft was started in Silicon Valley in 2019. The company builds self-driving technology for cars, ranging from advanced driver assistance (L2++) to fully autonomous driving (L4). Its systems are already used in over 1 million vehicles through partnerships with major car companies and tech firms.
QCraft works closely with automakers to integrate its technology into their vehicles. It tests its systems in real-world conditions at a large scale and puts a strong focus on safety, aiming to make self-driving cars practical for everyday use.
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