QCraft raises several hundred million yuan in Series C financing

Jun 26, 2024 · Funding · QCraft · Automotive

QCraft company media
Company media · QCraft
  • Chinese media reported QCraft had completed a Series C financing round worth several hundred million yuan.
  • The report said QCraft had raised more than 1 billion yuan across six funding rounds.
  • The financing supports continued product development, deployment scaling, and commercialization of the company's robotics platform.

QCraft develops autonomous driving systems for automakers and mobility applications, spanning advanced driver assistance through L4 autonomy. The company provides autonomy software, simulation and development tooling rather than building vehicles itself.