Canon Marketing Japan Expands Investment in Turing Corporation's Autonomous Driving Technology
In a significant move to bolster innovation in autonomous driving, Canon Marketing Japan Inc. has announced additional funding for Turing Corporation, a pioneer in developing fully automated driving technologies utilizing generative AI. This funding comes through the Canon Marketing Japan MIRAI Fund, a corporate venture capital (CVC) initiative aimed at exploring advanced technologies and business ideas to create new value.
This investment marks the second round of funding for Turing, following a successful pre-Series A round. Turing, based in Shinagawa, Tokyo, has been making waves in the autonomous driving sector with its unique approach that integrates end-to-end (E2E) AI systems. These systems utilize data collected from cameras to perform environmental recognition, route planning, and driving control all within a single AI framework.
At the heart of Turing's innovations is their development of sophisticated models such as