TurinTech, a London, UK-based AI company specializing in code optimization and automation, has raised $20 million in funding.
Investors
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.
TurinTech Use of Funds
The company plans to use the funds to enhance its AI platform, Artemis.
About TurinTech
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
Source: https://techcrunch.com/2025/03/18/turintech-reveals-20m-in-backing-to-fix-problems-in-vibe-coding/