QCraft raises eight-figure USD Series Seed funding round
Earlier, QCraft confirmed we had raised an eight-figure USD investment in a seed funding round from IDG Capital, Vision+ Capital, and Tide Capital.
QCraft is building the driver that can handle the most challenging driving situations in complex urban environments. Our mission at QCraft is to bring autonomous driving into real life by using a large-scale intelligent simulation system and a self-learning framework for decision-making and planning.
At QCraft, we focus on providing our partners with practical solutions for a variety of business applications covering a wide range of use cases in complex urban environments.
QCraft acquired the California public road test permit four months after it’s founding. The company has been conducting tests on California’s public roads since July 2019. Since then, the company has entered a rapid growth phase and business development has taken off. As of March 2020, QCraft has offices in Silicon Valley, Beijing, Shenzhen, Suzhou, as well as other tech hubs in China. As one of the world-leading providers of self-driving technology, QCraft is working with several global partners to deploy the QCraft driver in a variety of business applications and bring autonomous driving into real life.