About Turing Chain
Turing Chain is a company based in Hong Kong (China) founded in 2018 by Ting Lee and Yao-Chieh Hu.. Turing Chain has raised $1 million across 1 funding round from investors including Taiwan Leap Venture. Turing Chain operates in a competitive market with competitors including Lydian Labs, SKYPlay, Jump Crypto, Nametag and Injective Labs, among others.
- Headquarter Hong Kong, China
- Founders Ting Lee, Yao-Chieh Hu
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Oct 14, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of Turing Chain
Turing Chain has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(14 Oct 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Seed - Turing Chain | Valuation | Taiwan Leap Venture |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Turing Chain
Turing Chain has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Taiwan Leap Venture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Taiwan Leap Venture is focused on supporting Taiwanese tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Turing Chain
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Turing Chain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Turing Chain Comparisons
Competitors of Turing Chain
Turing Chain operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lydian Labs, SKYPlay, Jump Crypto, Nametag and Injective Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of technology to recycle CO2 emissions into carbon-neutral fuels
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| domain | founded_year | HQ Location |
An online marketplace for play-to-earn NFT gaming is operated.
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Develops blockchain tools and trades in Web3 networks for community-driven tech.
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| domain | founded_year | HQ Location |
Video games, apps, and blockchains are developed by Nametag.
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| domain | founded_year | HQ Location |
Blockchain development services are provided by Injective Labs since 2018.
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Blockchain development services are provided to clients worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Turing Chain
Frequently Asked Questions about Turing Chain
When was Turing Chain founded?
Turing Chain was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Turing Chain located?
Turing Chain is headquartered in Hong Kong, China.
Who is the current CEO of Turing Chain?
Yao-Chieh Hu is the current CEO of Turing Chain. They have also founded this company.
Is Turing Chain a funded company?
Turing Chain is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Oct 14, 2022.
What does Turing Chain do?
Turing Chain was founded in 2018 in Hong Kong, China, focusing on the blockchain sector. Development services for blockchain technologies are offered, supporting various applications and solutions. Operations are based in Hong Kong, with co-founders Ting Lee and Yao-Chieh Hu leading the company as CEO. Expertise in blockchain infrastructure and custom development is utilized to serve clients in the technology domain.
Who are the top competitors of Turing Chain?
Turing Chain's top competitors include Lydian Labs, Prometheum and Nametag.
Who are Turing Chain's investors?
Turing Chain has 1 investor. Key investors include Taiwan Leap Venture.
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