Chinese autonomous driving technology developer QCraft has closed a $100m Series D funding round.
The investor line-up includes Ningbo Ninghai Xingtaihe Fund, Wonderland Capital and the Liangxi Science and Innovation Industry Investment Fund Partnership, which is managed by Broad Vision Funds.
Strategic investors also included a leading original equipment manufacturer (OEM) and an automotive electronics components supplier, the group said.
QCraft, founded in 2019, builds autonomous driving systems for carmakers covering levels L2++ through L4.
The company said its technology is already used in more than a million production vehicles through partnerships with OEMs and technology companies.
Proceeds from the round will be allocated to two areas: expanding research and development in physical AI – particularly work on “world models and reinforcement learning” – and improving organisational capacity, including strengthening its global talent base.
QCraft chairman and CEO James Yu 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. It is the best and most direct gateway into physical-world AI.”
Yu said the company is placing increased emphasis on L4 autonomous driving and general physical AI, while speeding up international expansion and maintaining its focus on world model and reinforcement learning R&D.
QCraft also pointed to its QPilot Pro product, which it said delivers urban Navigate on Autopilot (NOA) performance on a single 128TOPS chip.
Looking to 2026, QCraft said it expects to extend its technology and urban NOA functions to more than 50 additional vehicle models.
It also said its world model and reinforcement learning platform is “set for an imminent public debut”, which it described as a step towards broader physical world AI.
In L4 autonomous driving, QCraft said it has built a presence in autonomous logistics and introduced an “Operations from Day One of Production” model.
The company said its vehicles are already in commercial use in Jinhua, Wuhu, Ningbo and other Chinese cities.
For robotaxis, QCraft said it plans to begin a new pilot programme in 2026, with full deployment targeted for 2027.
