QCraft Completes $100 Million Series D Funding Round to Accelerate L4 Autonomous Driving and Physical AI

[Funding Update] QCraft has completed a $100 million Series D funding round to accelerate its L4 autonomous driving and physical AI initiatives.

Core Strategic Shift: Focus on L4 and General Physical AI

On March 23, 2026, QCraft announced the completion of a $100 million Series D funding round. Investors include a leading domestic automaker (possibly BAIC Group), Ningbo Ninghai Xingtaihe Fund, and Liangxi Sci-Tech Innovation Industry Mother Fund, among others. The company has clearly stated it will concentrate resources on Level 4 (L4) autonomous driving and general physical AI powered by "world models + reinforcement learning."

Key Metrics: Over One Million Production Deliveries, Partnerships with Nearly 10 Automakers

Its L2++ solution, "QCraft Chengfeng," has been deployed in over 1 million vehicles, with partnerships established with nearly 10 OEMs across approximately 30 vehicle models. In January 2026, the company launched the "Robo-X" open platform, aiming to build an "Android-like" ecosystem for autonomous driving.

Strategic Foundation: Autonomous Driving as the Optimal Gateway to Physical AI

CEO Yu Qian emphasized that autonomous driving is the core pathway into physical-world AI, and the next 5–10 years will be critical for transitioning from "human-like intelligence" to "superhuman intelligence." The new capital will also support international expansion and recruitment of top-tier talent.