TurinTech Raises $20 Million in Funding

TurinTech Raises $20 Million in Funding

TurinTech, a London, UK-based AI company specializing in code optimization and automation, has raised $20 million in funding.

The funding includes a previously undisclosed $15 million Series A round led by Oxford Capital, with participation from Circle Rock and IQ Capital. The company had previously secured $5 million in seed funding.

Oxford Capital is a UK-based venture capital firm that invests in early-stage technology startups, providing funding and strategic support. The firm typically invests in sectors such as software, artificial intelligence, fintech, and other disruptive technologies.

The company plans to use the funds to enhance its AI platform, Artemis.

Founded by Dr. Leslie Kanthan, Mike Basios, and Fan Wu, TurinTech offers an AI-powered platform for optimizing and validating AI-generated code. Its flagship product, Artemis, leverages a multi-agent AI system, to optimize, validate, and modernize code. TurinTech solutions empowers businesses to operate faster, greener, and more efficiently by automating code optimization and machine learning development.

Funding Details

Company: TurinTech, Inc.

Raised: $20.0M

Round: Seed, Series A

Funding Date: March 2025

Lead Investor: Oxford Capital

Additional Investors: Circle Rock, IQ Capital

Company Website: https://www.turintech.ai/

Software Category: Software Optimization