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Qingzhou Zhihang Secures $100M Series D Funding from Consortium of Strategic Investors

From:Internet Info Agency 2026-03-23 09:35:07

On March 23, autonomous driving company QCraft announced the completion of a new Series D financing round, raising $100 million. This round was jointly led by several prominent strategic investors, including a leading domestic automaker, Ningbo Ninghai Xingtaihe Fund, Liangxi Sci-Tech Innovation Industry Fund (managed by Bohua Capital), Hwadee Sci-Tech Innovation, and a top-tier automotive electronics component manufacturer. The proceeds will primarily be used to advance R&D in cutting-edge physical AI technologies such as "World Models + Reinforcement Learning," as well as to strengthen organizational and talent development to build core capabilities for the company's long-term growth.

Editor:NewsAssistant