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- Turing
Turing Funding, Investors & Competitors
Turing has raised $150M across 7 funding rounds, most recently a $42M Series A in July 2026.
Last Turing funding round
$42M
Series A · Jul 2026
Cumulative funding Turing raised
$150M
across 7 funding rounds
Key investors in Turing
Global Brain Corporation
DIMENSION
ANRI
KDDI
JIC Venture Growth Investments
Digital Hearts Holdings
Mirai Creation Fund
Dentsu Ventures
About Turing
Turing is a Tokyo-based manufacturer of fully autonomous electric vehicles achieving Level 5 driverless operation. The Heron multimodal generative AI model fuses camera, sensor, and environmental data for real-time decision-making and vehicle-to-vehicle communication enabling convoy formations. Production incorporates Kaizen methodologies, 3D-printed parts, and over-the-air updates, with technology licensed to OEMs. Investments from KDDI and NTT DOCOMO Ventures fuel commercialization.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Licensing, Subscription
Turing Funding History
Turing has raised a total of $150M across 7 funding rounds.
Turing's first fundraising round was a $7M seed round in July 2022. The most recent completed round was a $42M Series A in July 2026.
Turing funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2026 | Series A | MUFG; AMD; Mitsubishi; Supermicro | $42M | Turing Inc., a Japanese end-to-end autonomous driving startup, raised $79 million in an extension of its Series A round, comprising $43 million in equity and $36 million in debt financing from MUFG Bank. The deal valued the company at approximately $600 million post-money. AMD Ventures led the equity investment alongside Mitsubishi Corporation, MUFG Bank, Super Micro Computer, BIPROGY Inc., DataDirect Networks, GMO Internet, and TOKYO ELECTRON DEVICE LIMITED. Combined with the $95 million first close announced in November 2025, Turing’s total Series A funding reached $174 million. AMD did not disclose its specific investment amount. Strategically, the partnership aligns financial backing with commercial deployment of AMD’s AI accelerators, as Turing now uses AMD hardware for about 10% of its AI training workload, reducing dependence on Nvidia and lowering computing costs ahead of commercial partnerships. Turing specializes in end-to-end autonomous driving technology for vehicles, operating in Japan’s growing self-driving market with plans for broader commercial deployment. The company has no disclosed revenue or EBITDA figures as it remains in the pre-commercial phase. |
| Nov 2025 | Series A | Global Brain Corporation (lead); JIC Venture Growth Investments (lead) | $63M | Turing Inc., headquartered in Shinagawa, Tokyo, and led by CEO Issei Yamamoto, is a startup developing fully autonomous driving systems. The company focuses on an End-to-End (E2E) autonomous driving AI for environment recognition, route planning, and driving control, integrated with a large-scale foundation model that understands human social norms, background knowledge, and contextual information to enable full autonomy under all conditions. On November 17, 2025, Turing closed the first tranche of its Series A funding round, raising ¥9.77 billion (approximately US$62.6-63.2 million) through the issuance of 1x non-participating preferred shares. The round was co-led by JIC Venture Growth Investments, a government-backed fund, and Global Brain Corporation, an independent venture capital firm. Additional participants included ANRI, Canon Marketing Japan MIRAI Fund, Chibagin Capital, Dai Nippon Printing, DENSO Corporation, ENEOS Holdings, GMO Internet Group, JGC Mirai Innovation Fund, Mercuria Investment, Mitsubishi HC Capital, Mitsui Fudosan Innovation Fund, Mitsubishi UFJ Capital, Mizuho Capital, Future Creation Capital, Sony Financial Ventures, Tokyu Fudosan Holdings, Wing Capital Partners, Yanmar Ventures, and Z Venture Capital, among others. In addition to the equity financing, Turing secured ¥5.5 billion in syndicated loans arranged by Mizuho Bank, bringing the total first close to ¥15.27 billion. The funds will expand computing infrastructure, strengthen organizational foundations for social deployment, recruit talent—particularly ML engineers—and accelerate research and business execution toward fully autonomous driving systems from Japan. Global Brain announced its follow-on investment on November 16-17, 2025, highlighting Turing's full self-driving technology. The company aims to realize and implement fully autonomous driving in Japanese society. |
| Dec 2024 | Seed | JR West Innovations; JIC Venture Growth Investments; NCB Venture Capital | $5M | TURING Co., Ltd., founded in August 2021, develops end-to-end autonomous driving systems using AI for steering, acceleration, and braking based on camera data. The company has pioneered technologies including the multimodal generative AI “Heron,” the autonomous driving generative world model “Terra,” and the “CoVLA Dataset,” a Vision-Language-Action model dataset for autonomous driving. TURING aims to develop fully autonomous vehicles without steering wheels by 2030 and is promoting “Project Tokyo30” to achieve over 30 minutes of fully autonomous driving in urban Tokyo by 2025. On December 25, 2024, TURING closed a pre-Series A extension round, raising ¥820 million in equity from new investors JIC Venture Growth Investments, JR West Innovations, NCB Venture Capital, and individual investor Masato Morishima, plus a ¥200 million loan from Mizuho Bank, for aggregate proceeds of ¥1.02 billion. This brought the total pre-Series A funding to ¥5.558 billion, following a ¥1.5 billion round in July 2024. The investors participated in this third and final tranche of the transaction totaling ¥5.358 billion. The funds will be used to execute Project Tokyo30, expand computing infrastructure, strengthen organizational capabilities for social implementation, and recruit machine learning engineers. |
| Jul 2024 | Seed | JGC Holdings; Global Brain Corporation; DIMENSION; Digital Hearts Holdings; Canon Marketing Japan; ENEOS Innovation Partners; Dentsu Ventures; H.I.S. Group; KDDI; Kyocera; Bonds Investment Group; Chibagin Capital | $10M | Turing provides AGI infrastructure, including the world’s largest human intelligence platform of over 4 million developers, data scientists, STEM, and math professionals, to accelerate AI progress and support enterprise use cases in high tech, banking, retail, and healthcare. The company serves leading AI labs and Fortune 500 companies. In 2024, Turing achieved $300 million in annual revenue runrate (ARR), nearly tripling from $100 million the prior year, and reached profitability. This growth reflects surging demand for scalable, cost-effective, enterprise-grade AI infrastructure amid the shift to full-scale AI deployment. |
| Apr 2024 | Seed | ANRI (lead); Global Brain Corporation; DIMENSION; Digital Hearts Holdings; Mirai Creation Fund; JGC Mirai Innovation Fund; Yanmar Ventures; Mizuho Capital; KDDI; NTT DOCOMO Ventures; Z Venture Capital | $20M | A Japanese company named Turing Inc., focused on developing End-to-End (E2E) autonomous driving AI and large-scale foundation models for fully autonomous driving systems, announced a Series A first close raising ¥15.3 billion (¥9.77B from preferred shares + ¥5.5B syndicated loans). The round was co-led by JIC Venture Growth Investments and Global Brain Corporation, with additional investors including GMO Internet Group, DENSO, Mizuho-related entities, SONY Financial Ventures, Spiral Capital, Tokyu Fudosan Holdings, Wing Capital Partners, Yanmar Ventures, ZENRIN FUTURE PARTNERS, and Z Venture Capital. Funds are for expanding computing infrastructure, organizational strengthening, talent recruitment, tech development, and go-to-market for autonomous driving. |
| Aug 2023 | Seed | Kazunari Yamamoto; Daisuke Tanaka | $4M | - |
| Jul 2022 | Seed | ANRI; Global Brain Corporation; DIMENSION; Heroz; Yahoo! Japan | $7M | - |
Who has invested in Turing?
30 investors have backed Turing across its funding rounds, including Global Brain Corporation, DIMENSION, ANRI, KDDI, JIC Venture Growth Investments and Digital Hearts Holdings.
Lead investors include Global Brain Corporation, JIC Venture Growth Investments and ANRI.
Turing Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jul 2022 | ||
| 3 | Participant | Jul 2022 | ||
| 2 | Lead | Jul 2022 | ||
| 2 | Participant | Apr 2024 | ||
| 2 | Lead | Dec 2024 | ||
| 2 | Participant | Apr 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Dec 2024 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Participant | Jul 2026 | ||
| 1 | Participant | Jul 2024 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTuring Competitors
Turing competitors include listed companies like SAP, Snowflake and Nebius Group, and private ones like Anthropic, OpenAI and Databricks.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Publicly listed | $530M | $512M | $59B | 24.2x |
Turing Public Comps
Turing is still privately-owned, but its public comps include Tesla, CrowdStrike, SAP, CATL, Salesforce, ServiceNow, Snowflake, BYD, Adobe and Datadog.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $63B | $16B | 2.8x | 2.1x | 11.0x | 9.2x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $120B | $18B | 0.9x | 0.9x | 6.3x | 5.8x | |||
This data is available for Pro users. Sign up to see all Turing competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Turing
| When was Turing founded? | Turing was founded in 2021. |
| Where is Turing headquartered? | Turing is headquartered in Tokyo, Japan. |
| Is Turing publicly listed? | No, Turing is a private, VC-backed company. |
| How much funding has Turing raised? | Turing has raised $150M across 7 funding rounds. |
| What was Turing's last funding round? | Turing's last funding round was a $42M Series A in July 2026. |
| Who are Turing's investors? | Turing's investors include Global Brain Corporation, DIMENSION, ANRI, Digital Hearts Holdings, JIC Venture Growth Investments, KDDI, JGC Holdings, JR West Innovations, Mirai Creation Fund, Canon Marketing Japan and 20 others. |
| Which companies are comparable to Turing? | Companies comparable to Turing include Anthropic, OpenAI, SAP, Databricks, Snowflake and Nebius Group. |
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