Turing software provides a virtual product development platform to help consumer packaged goods companies develop fail-safe products in record time. Turing takes a wide range of product-related data, reduces the need of iterative testing by at least half, and enables product development teams to quickly go from idea-to-commercialization.
Location: Canada
Employees: 11-50
Total raised: $16.5M
Founded date: 2019
Investors 8
| Date | Name | Website |
| 21.01.2021 | New York V... | nyvp.com |
| - | Plug and P... | plugandpla... |
| - | Y Combinat... | ycombinato... |
| 31.01.2022 | Insight Pa... | insightpar... |
| - | Tet Ventur... | tet.vc |
| - | Rebel Fund | rebelfund.... |
| 20.05.2025 | DMZ | dmz.toront... |
| - | XY Venture... | xy.venture... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.01.2022 | - | $16.5M | - |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | Naveen | Jain | Investor | linkedin.c... | - | - |
Mentions in press and media 13
| Date | Title | Description |
| 16.06.2026 | AI is everywhere in CPG R&D. But is it moving the needle? Turing Labs surveys the biggest players | Nine out of 10 R&D execs in large CPG companies are using AI at work in some capacity, but just 19% have embedded it into routine workflows. And fewer still say it’s actually moving the needle, according to a new survey by Turing Labs, ... |
| 21.05.2026 | AI food leaders see sweeping disruptions—at different speeds | Leaders in food-system applications of artificial intelligence say the past year has brought whiplash-inducing transformations across the value chain, with plenty still to come. They just disagree somewhat about the pace. “The change is com... |
| 15.06.2024 | Zeta Labs: AI Research And Product Lab Secures $2.9 Million | Zeta Labs, an AI research and product company that is developing autonomous agents capable of efficiently performing complex and multi-step tasks, announced the raising of its $2.9 million pre-seed round and the debut of its large language ... |
| 12.09.2023 | Bytes to Bites part one: Digitizing consumption insights. Leveraging AI in food product development | Editor’s Note: Eva Everloo is senior investment analyst, and Dr. Orly Savion is CTO and principal at agri-food tech investor PeakBridge. The views expressed in this guest commentary are the authors’ own and do not necessarily reflect those ... |
| 20.01.2022 | The Week in Agrifoodtech: Consumer foodtech players Flipdish, Yumi & La Vie raise large rounds | One of this week’s biggest fundings went to Flipdish — a US startup providing software that powers payments, online ordering, and delivery for foodservice enterprises — which netted a massive $100 million in a round led by Chinese tech gian... |
| 20.01.2022 | Turing Labs Raises $16.5 Million To Expand AI-Powered Platform For Product Formulation | Turing Labs, a Software-as-a-Service (SaaS) platform that uses artificial intelligence tools to assist with Consumer Packaged Goods (CPG) formulations, announced a $16.5 million Series A raise to continue its mission to become the default A... |
| 19.01.2022 | Turing Labs lands $16.5M to bring AI to product formulation | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! The consumer packaged goods (CPG) industry has st... |
| 19.01.2022 | Turing Labs Raises $16.5 Million to Expand AI-Powered Platform for Product Formulation | NEW YORK, Jan. 19, 2022 /PRNewswire/ -- Turing Labs, a Software-as-a-Service (SaaS) platform that uses artificial intelligence tools to assist with Consumer Packaged Goods (CPG) formulations, today announced a $16.5 million Series A raise t... |
| 19.01.2022 | Turing Labs lands $16.5M to bring AI to product formulation | Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream. The consumer packaged goods (CPG) industry has struggled to grow over the past decade. That’s partly because companie... |
| 19.01.2022 | Turing Labs, which uses AI to help formulate CPG products, raises $16.5M | Working remotely has become the norm for a lot of desk-based employees, and there have been a number of tech companies that have seen their business explode in catering to that shift. But today comes news of a different kind of startup call... |
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