QCraft Raises $100M


I’ve been writing about autonomous shuttles having a moment, which continues with the announcement that Meituan led a $100 million investment round for QCraft, a Chinese autonomous shuttle company.

QCraft is building and operating autonomous shuttles in Suzhou, Shenzhen, and Wuhan. The company hinted at expansion into point-to-point or even robotaxis models.

Meituan, the lead investor in this round, is China’s largest food delivery company. Presumably they are interested in the application of this technology for that purpose.

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