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ByNN Desk
QCraft Raises $100 Million in Series D to Expand Physical AI Push
QCraft, the Silicon Valley-founded autonomous driving company will direct the capital toward research on world models and reinforcement learning as it targets Level 4 deployment across China and global markets.
QCraft, the Silicon Valley-founded autonomous driving company will direct the capital toward research on world models and reinforcement learning as it targets Level 4 deployment across China and global markets.
QCraft closed a $100 million Series D funding round on March 22, directing proceeds toward physical AI research and international expansion as its QPilot intelligent driving system crosses one million vehicles in deployment.
The round was completed by a consortium that includes Ningbo Ninghai Xingtaihe Fund, Wonderland Capital, and the Liangxi Science and Innovation Industry Investment Fund Partnership, managed by Broad Vision Funds. A strategic investor, described as a leading original equipment manufacturer and an automotive electronics components supplier, also participated.
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QCraft said the capital will fund two priorities: advancing frontier physical AI research and development, with particular focus on world models and reinforcement learning, and strengthening the company’s organizational capabilities and global talent pipeline. Its world model and reinforcement learning platform are set for a public debut in the near term, per the company’s statement.
2026 marks a critical inflection point in AI development. 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.
Dr. James Yu, chairman and CEO, QCraft.
The funding arrives as QCraft reaches commercial scale in its core product lines. QPilot, its intelligent driving system, is deployed across nearly 30 production models with close to 10 OEM partners. The company expects to expand urban Navigate on Autopilot capabilities to more than 50 new vehicle models in 2026.
QPilot Pro, which delivers urban NOA performance on a single 128TOPS chip, has drawn comparisons in industry circles to DeepSeek for its efficiency-to-performance ratio, per the company’s release.
In Level 4 logistics, QCraft vehicles are commercially operational in Jinhua, Wuhu, Ningbo, and several other Chinese cities under what the company describes as an “Operations from Day One of Production” model. On the robotaxi front, a new pilot program is planned for 2026, with full-scale deployment targeted for 2027.
The rise comes as physical AI investment in China has accelerated sharply. Startups in the embodied AI segment collectively raised over $1.9 billion across 43 deals in the first two months of 2026 alone.
QCraft was founded in Silicon Valley in 2019. Prior backers include CICC Capital, ZGC Science City, IDG Capital, Lenovo Capital, Incubator Group, and Meituan’s DragonBall Capital. The company was reported to have entered the queue for a confidential filing toward a Hong Kong initial public offering in August 2025.
Disclaimer: This reporting is based on a public report available on pubic platforms. Nervnow has not independently verified the claims.
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