YANMAR VENTURES - Information

Investment in Turing Inc.

April 25, 2024
Yanmar Ventures Co., Ltd.

Yanmar Ventures Co., Ltd. (HQ: Osaka, Japan; CEO/Managing Partner: Nobuyuki Oda) is pleased to announce that, through Yanmar Ventures II Investment Limited Partnership, it has made an investment in Turing Inc. (HQ: Shinagawa, Tokyo; CEO: Issei Yamamoto; hereinafter referred to as “Turing”), a Japanese company which engages in the development of fully self-driving electronic vehicles utilizing generative AI.

Turing is a startup that has set “We Overtake Tesla” as its mission and is working on the development of fully autonomous driving with its large-scale AI models and high-speed generative AI operating end-to-end and at the edge. Led by its co-founders – Issei Yamamoto, who has a distinguished track record in AI development, and Shunsuke Aoki, who has been involved in cutting-edge research on autonomous driving – Turing aims to achieve Level 5 fully autonomous driving, which has been considered difficult to attain using conventional approaches, by utilizing its in-house developed multimodal generative AI. This pre-series A round of funding plans to accelerate development toward achieving its ambitious goals by focusing on talent acquisition, particularly engineers, and building a large-scale GPU cluster.

With “A Sustainable Future” as our brand statement, the Yanmar Group aspires to create a sustainable society. Such aspirations include “an energy-saving society” and “a society where people can enjoy safe and plentiful food.” With this investment, we will explore future forms of collaboration with Turing and give back their results to society.