Qingzhou Zhihang Raises $100M in Series D Funding to Accelerate Physical AI R&D and Talent Development

On March 23, autonomous driving company QCraft announced the completion of a new Series D funding round, raising $100 million. The proceeds will primarily be allocated to two key areas: first, increasing investment in cutting-edge physical AI technologies such as "world models + reinforcement learning" to drive breakthroughs in core autonomous driving technologies; and second, strengthening organizational and talent development to build a high-quality team that supports the company's long-term growth. This round of financing further solidifies QCraft's competitive position in the intelligent driving sector and provides strong support for its commercialization and large-scale expansion.