#Japan #AI Technology #Tokyo #Mercuria Investment #Turing Inc

Mercuria Investment Partners with Turing Inc.

In an exciting development in the autonomous driving sector, Mercuria Investment, the core company of Mercuria Holdings, has announced a strategic investment in Turing Inc., led by CEO Kazunari Yamamoto. This investment was made through the Mercuria Supply Chain Investment Limited Partnership (MSCF), a fund managed by MIC that targets innovative startups with potential solutions for logistics and supply chain challenges.

Turing Inc. is focused on achieving its mission: "To realize fully automated driving." As an emerging startup, Turing is developing a groundbreaking End-to-End (E2E) autonomous driving system that utilizes only camera-derived data to make all necessary driving decisions, including steering, acceleration, and braking. This technology offers significant improvements in cost efficiency, safety, and deployment speed compared to traditional rule-based approaches.

The MSCF fund aims to provide financial growth support to startups with innovative technologies and business models while promoting collaboration between the invested companies and limited partners (LPs). Mercuria Investment recognizes Turing’s technology as a key player in enhancing supply chain efficiency and sustainability in the future, which was a decisive factor in their investment decision.

The support from Mercuria is not merely financial; they intend to work actively alongside Turing to facilitate its business growth. This partnership is expected to accelerate Turing's ambitions to transform transportation through innovative AI capabilities and could lead to significant developments in how supply chains operate.

Overview of Turing Inc.

• - Company Name: Turing Inc.
• - Headquarters: 4th Floor, East Tower, Gate City Ohsaki, 1-11-2, Osaki, Shinagawa Ward, Tokyo
• - Business Focus: Development of fully automated driving systems
• - CEO: Kazunari Yamamoto
• - Website: Turing Official Site

Overview of Mercuria Investment

• - Company Name: Mercuria Investment
• - Headquarters: Utsukushicho Dai Building, 1-3-3, Utsukushicho, Chiyoda Ward, Tokyo
• - Business Focus: Investment advice, investment management, second-class financial instruments trading
• - CEO: Toshihiro Toyoshima
• - Website: Mercuria Ventures

Mercuria Holdings operates with the mission of "Changing the Present of Japan through the Power of Funds," emphasizing its commitment to fostering innovative companies that can drive economic growth and enhance societal progress. For more inquiries about this announcement, please contact the Business Planning Department of Mercuria Holdings.

Contact:
Phone: 03-3500-9870
Email: [email protected]
Website: Mercuria Holdings