Breaking

Turing Plans U.S. Office, Eyes Potential $10 Billion IPO Within Five Years

August 12, 2026 at 10:49 EDT

Robotics
Funding & M&A

Japanese autonomous-driving software startup Turing plans to open a U.S. office within a year and is eyeing a potential American listing within five years that would value the company at about $10 billion, Chief Executive Issei Yamamoto said.

August 2026 · Turing Inc.

Japan AV startup eyes U.S. and a $10B IPO

Turing plans a U.S. office within a year for data and R&D, with CEO Issei Yamamoto targeting a potential listing in about five years at roughly $10 billion.

Valuation path

Post–Series A value versus IPO target (proportional height)

$600M

Recent valuation
(Series A ext.)

$10B

Target IPO valuation
(~17× path)

From ~$600M after the Series A extension to a ~$10 billion listing target — roughly a 17× step-up if achieved.

$174M

Total Series A (equity + debt)

1 yr

U.S. office target window

~5 yrs

Potential listing horizon

2030

Mass DAS software goal (JP & U.S.)

Roadmap

U.S. office
data + R&D

→

Scale stack
compute & data

→

2030 products
DAS + robotaxi

→

IPO window
U.S. or Japan

Opportunity

U.S. market entry next after Japan; Japanese OEM footprint in America cited as a lever for software deployment.

Caution

Observers call the plan ambitious: autonomy still faces product and commercialization gaps, with strong rivals already active.

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