QCraft revs up its fundraising in autonomous driving race for cash
自动驾驶续烧钱 轻舟智航抢融资谋上市
China’s autonomous driving market has become a race to an evasive finish line, as a growing number of technology providers try to create sustainable business models while vying for business from a limited pool of vehicle makers. The fierce competition means startups must often make financial concessions to vehicle makers to get their products into the ecosystem early, squeezing their already thin margins and draining their coffers even faster.
目前内地自动驾驶行业的内卷非常厉害,自动驾驶方案商不断陷入「项目愈多,盈利愈少」的恶性循环,而且为了前期推广新产品,不得不向电动车制造商让利,结果导致本身现金流更紧张,方案商更要加快圈钱的步伐。
In such an environment, fundraising has become the mantra of the day for these companies, which are hitting up both private equity and stock market investors with their steady requests for new cash. One relative latecomer to the race, QCraft Inc., recently topped up its coffers with the completion of its C round financing that raised several hundred million yuan, according to Chinese media reports.
作为后起的方案商,轻舟智航日前完成数亿元C轮融资,有助加强公司竞争力。今次融资由中关村科学城公司和翠湖基金联合投资。资金会用于持续强化已量产交付的自动驾驶功能体验,也会用于加大AI大模型、端到端等前沿自动驾驶技术的研发。