Turing, a Tokyo company developing fully autonomous driving systems, announced on 6 July 2026 that it had completed its Series A with a ¥12.62bn (about $79m) extension round. The extension is made up of ¥6.82bn in equity and a ¥5.8bn loan from MUFG Bank, according to BRIDGE.
The extension follows a ¥15.27bn first close in November 2025. Together the two make a Series A of ¥27.89bn, about $174m. No lead investor or valuation was named.
Who put in the money
BRIDGE lists the equity investors in the extension as AMD Ventures, BIPROGY, DataDirect Networks, GMO Internet, Mitsubishi Corporation, MUFG Bank, Super Micro Computer and Tokyo Electron Device. MUFG Bank is also the lender for the ¥5.8bn loan.
Sogyotecho, which also reported the round, gave the ¥12.62bn extension and the ¥27.89bn total, but did not name the investors or the split between equity and debt.
The investor list mixes computing hardware companies with trading, technology and banking groups: AMD Ventures, Super Micro Computer, DataDirect Networks and Tokyo Electron Device sit alongside Mitsubishi Corporation, GMO Internet, BIPROGY and MUFG Bank. The presence of hardware firms matches the stated use of funds on computing infrastructure, although the reports do not describe any commercial agreements with them.
BRIDGE's article is dated 7 July 2026, the day after Turing made the announcement.
What Turing builds
Turing develops a fully autonomous driving system in which one AI handles everything from camera input to vehicle control. This is the end-to-end approach, and the company develops its own physical foundation models and implements them in vehicles in-house.
Sogyotecho describes the aim as commercialising Level 5 autonomous vehicles, meaning cars that need no steering wheel, and says the company is also building a physical foundation model to understand pedestrians, signs, signals and road conditions.
Turing has published research output. BRIDGE mentions the CoVLA-Dataset, a multimodal autonomous driving dataset of about 6 million frames, and the Japan Open Driving Dataset, about 111 hours or 24 TB of domestic driving data published on Hugging Face.
What the money is for
Turing said the funds will be used to expand its computing infrastructure, build the business structure for real-world deployment, and hire. The second item reflects what the company calls social implementation of autonomous driving developed in Japan.
Both reports give the same three uses and neither gives more detail on how much goes to each.
The funding so far
The Series A was announced in two parts. The first close of ¥15.27bn came in November 2025. The extension adds both equity and a bank loan.
Neither report discloses a headcount, revenue or a valuation. Neither report names a lead investor.
The first close of ¥15.27bn (about $95m) and the extension of ¥12.62bn (about $79m) add up to the ¥27.89bn Series A total. BRIDGE gives the equity part of the extension as ¥6.82bn and the loan as ¥5.8bn.
Company website: tur.ing