Turing, a Boston, MA-based provider of AI-driven water management solutions, has secured $14 million in funding.
Investor
The round was led by Safar Partners, a venture capital firm based in Cambridge, Massachusetts. The firm focuses on three key areas: cleantech and advanced materials, AI/IT and robotics, and life sciences. Founded in 2018, Safar has invested in over 75 portfolio companies and manages over $1 billion in assets.
Turing Use of Funds
The investment will support Turing’s global expansion, enhance AI-powered platforms, and accelerate R&D for predictive and autonomous water management solutions. The funds will also help expand operations in North America, Europe, and the Middle East and strengthen partnerships with utilities, industrial users, and government agencies.
About the Company
Spun out from Gradiant, Synauta, and SpaceAge Labs, Turing specializes in AI and IIoT solutions for water and wastewater management. The company provides end-to-end digital solutions to help utilities and industries optimize performance, reduce costs, and enhance sustainability across the entire water lifecycle. By leveraging AI-powered automation, industrial IoT (IIoT), and deep industry expertise, Turing’s platforms enable real-time control and monitoring, advanced anomaly detection, predictive analytics, and intelligent decision-making.
Funding Details
Company: Turing
Raised: $14.0M
Round: Unknown
Funding Date: February 2025
Lead Investor: Safar Partners
Additional Investor:
Company Website: https://theturingcompany.com/
Software Category: AI Water Management
Source: https://www.businesswire.com/news/home/20250226053732/en/