
QCraft, a developer of autonomous driving AI, announced the closing of a $100 million Series D round. The round was completed by a consortium of investors including Ningbo Ninghai Xingtaihe Fund, Wonderland Capital, Liangxi Science and Innovation Industry Investment Fund Partnership (managed by Broad Vision Funds) and strategic investors from a leading OEM and an automotive electronics components supplier. The capital will fund physical AI research and global expansion.

Kyiv-based defence tech firm The Fourth Law announced a new funding round backed by US public safety technology group Axon. The undisclosed investment will support R&D of AI-driven autonomy solutions for drones to protect Ukrainian cities from Shahed attacks. The...