# QCraft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qcraft

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Beijing, China
- Website: www.qcraft.ai
- Total disclosed funding: $200M
- Latest round: Series D (Mar 23, 2026)
- Investors on record: 14

## About

Founded in 2019 and based in Beijing, China, Beijing Qingzhou Zhihang Intelligent Technology Co., Ltd., trading as QCraft, operates as an autonomous driving company that focuses on the research and development of driverless technologies and driverless solutions. It was recognized as the National High-tech Enterprise. The team members came from Waymo, Tesla, Facebook, and other tech enterprises. Qian Yu, the co-founder and CEO of the company, was responsible for the development of machine learning algorithms for Waymo's perceptual key modules.  The company cooperated with Horizon Robotics, Ali Cloud, NVIDIA, and other enterprises. In 2023, it operates the first self-driving minibus education line in Beijing. The company established a commercial vehicle branch office that focuses on unmanned buses in 2024. In March 2026, QCraft raised USD 100 million in Series D funding from Everbright Financial Capital, Broad Vision Funds, Wonder Land Capital.
QCraft mainly provides driverless technologies and driverless solutions based on intelligent simulation systems and autonomous learning decision-planning frameworks. Its main products are the Dragon Boat series of self-driving vehicles. Its Chengfeng Driver Assistance Solution can realize assisted driving in urban multi-scenario, including highway and expressway, which is adapted to the Horizon Journey 5 chips. The company has also launched the Qingzhou Travel app, which has the functions of self-driving network car reservation, route inquiry, etc. Products and solutions cover logistics, traveling, commercial vehicles, passenger cars, and other application scenarios.
The company generates revenue by providing driverless technologies and solutions.

## Funding rounds

- Series D, Mar 23, 2026, $100M — Everbright Financial Capital, Wonder Land Capital, Broad Vision Funds
- Series C, Oct 28, 2024 — Zhulu Capital
- Series C, Jun 13, 2024 — Zhongguancun Science City Capital, Guoding Capital
- Series B, Dec 2, 2022 — Genesis Capital, CICC Huirong Capital, TCL Industrial Holdings(Guangdong)Co., Ltd.
- Series A, Jun 30, 2021, $100M — IDG Capital, YF Capital, Genesis Capital, Long Z Investment
- Seed, Apr 3, 2020 — IDG Capital, Vision Plus Capital, Tide Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Seed, Series A
- Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Seed
- Tide Capital — Seed
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A
- Genesis Capital — Series A, Series B
- Long Z Investment (https://capitalatlas.ai/funds/long-z-investment) — Series A
- CICC Huirong Capital (https://capitalatlas.ai/funds/cicc-huirong-capital) — Series B
- TCL Industrial Holdings(Guangdong)Co., Ltd. — Series B
- Zhongguancun Science City Capital (https://capitalatlas.ai/funds/zhongguancun-science-city-capital) — Series C
- Guoding Capital (https://capitalatlas.ai/funds/guoding-capital) — Series C
- Zhulu Capital (https://capitalatlas.ai/funds/zhulu-capital) — Series C
- Everbright Financial Capital (https://capitalatlas.ai/funds/everbright-financial-capital) — Series D
- Wonder Land Capital (https://capitalatlas.ai/funds/wonder-land-capital) — Series D
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series D