Friday, 7 March, 2025

Turing Secures $111M Series E Funding, Valuation Hits $2.2B

Turing, a Palo Alto-based startup collaborating with engineers on AI projects, has raised $111 million in a Series E funding round, elevating its valuation to $2.2 billion. The round was led by Malaysia's sovereign wealth fund, Khazanah Nasional Berhad. Originally focused on vetting and hiring remote coders, Turing shifted its focus after a pivotal meeting with OpenAI in 2022, leading to significant partnerships in the AI industry.