JJ News

Turing raises $111M at a $2.2B valuation

Turing has raised $111 million in a Series E funding round, doubling its valuation to $2.2 billion.

The company now generates approximately $300 million in annual recurring revenue (ARR), up from $167 million at the time of this round’s pricing, demonstrating its rapid growth.

Malaysia’s sovereign wealth fund Khazanah Nasional Berhad is leading the new round.
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