Turing Capital

ActiveVenture Capital

Updated: Jan 22, 2026 ·

About

Turing is a crypto angel fund. As founders ourselves, we provide hands-on support to early-stage builders. We have no outside investors, which allows us to back the most ambitious ideas.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2024	SMB	$1.0M Seed	—	Collide Capital, Gutter Capital, Listen, Sheila Lirio Marcelo, Charles Huang, Josh Resnick
Feb 1, 2024	Flood	$5.0M Seed	—	040 Capital, Archetype, Bain Capital Crypto, Molten Ventures, Vitalik Buterin
Jul 1, 2023	Ladder	$20K Seed	—	Generative Ventures, Techstars, Vayner RSE, Balaji Srinivasan, Greg Isenberg, James Beshara, Trevor McFedries, William Mougayar
Apr 1, 2023	Rise	$4.0M Seed	—	1776, ACME Capital, AirAngels, Ambush Capital, Andreessen Horowitz, Buckley Ventures, Catapult Capital, City Light Capital, Connect Ventures, Coughdrop Capital, CRV, Double Prime LLP, Earlybird Venture Capital, Generative Ventures, Gutter Capital, Lampros Capital Partners, Logos Labs, Neu Venture Capital, Passion Capital, Sequoia Capital, SRB Ventures, Techstars, The Fintech Fund, Vayner RSE, Balaji Srinivasan, Dileep Thazhmon, Eddie Lou, Emily Kramer, Eric Demuth, Francesco Simoneschi, Greg Isenberg, James Beshara, Loic Le Meur, Manik Gupta, Marc McCabe, Mike Hudack, Sam Corcos, Sam Parr, Shervin Pishevar, Steve Schlafman, Trevor McFedries, William Mougayar, Zachary Sims
Nov 1, 2022	ISEE	$40.0M Series B	—	Alumni Ventures, Craig Shapiro, CRV, Dynamo Ventures, ENIAC Ventures, Founders Fund, Friends & Family Capital, FTW Ventures, Great Oaks Venture Capital, Romero Rodrigues, Blake Wu, Primary Venture Partners, Spark Capital, Y Combinator, David Petraeus, Dylan Field, Ian Hogarth
Sep 1, 2022	Sentiment	$2.0M Seed	—	040 Capital, Archetype, Mechanism Capital, Molten Ventures, Seed Club Ventures, Mario Gabriele
Aug 1, 2022	Neutral	$12.0M Series A	—	Abstract Ventures, Kevin Hartz, Alumni Ventures, Andreessen Horowitz, Animal Capital, Breakthrough Energy Ventures, C2 Investment, Craig Shapiro, Collaborative Fund, Darco Capital, ENIAC Ventures, Fifth Wall, Framework Ventures, Future Shape, Greylock, JLL Spark, Marc van den Berg, Paladin Capital Group, Pantera Capital, Paradigm, Parkway VC, REMUS Capital, Seed Club Ventures, Spark Capital, Sweater Ventures, Wind Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Bryce Hall, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Griffin Johnson, Jawed Karim, John Collison, John Legend, Julia Hartz, Kevin Love, LeBron James, Mark Cuban, Rick Johanson, Ron Pragides, Shane Neman, Spencer Slaine, Tobias Lutke
Aug 1, 2022	Street FC	$2.0M Seed	—	Angel Invest, AngelList Syndicator, Craig Shapiro, Collaborative Fund, ENIAC Ventures, LearnStart, Multicoin Capital, QueensBridge Venture Partners, Spark Capital, Techstars, Bradley Horowitz
Apr 1, 2022	Evernow	$29.0M Series A	—	Abstract Ventures, Alumni Ventures, Andreessen Horowitz, Angel investor, Jana Messerschmidt, Atomic, Banana Capital, Beringea, Big Idea Ventures, BoxGroup, Coelius Capital, Collide Capital, Craft Ventures, DFJ Growth, DST Global, Evolution VC Partners, First Round Capital, Forerunner Ventures, Frontline Ventures, General Catalyst, Gutter Capital, Inspired Capital, Khosla Ventures, Listen, Mayfield, Menlo Ventures, Moving Capital, New Enterprise Associates, Pioneer Fund, Point Nine Capital, Polychain Capital, QueensBridge Venture Partners, Quiet Capital, Republic Records, SOSV, Sweet Capital, Volition Capital, YLEM, ZhenFund, Aaron Harris, Charles Huang, Demetrios Christofidis Jr, Eric Ries, Harry Hurst, Jason Stockwood, Jeffrey Lee, Jen Rubio Butterfield, Josh Mohrer, Josh Resnick, Kristian Segerstrale, Leonard Picardo, Marc Benioff, Nick Jonas, Ning Sung, Rashaun Williams, Stephan Thoma, Steve Aoki, Steve Chen
Feb 1, 2022	Nguyen Coffee Supply	$3.0M Seed	—	Collide Capital, Generative Ventures, New Enterprise Associates, Techstars, Vayner RSE, Balaji Srinivasan, Greg Isenberg, James Beshara, Kevin Lin, Steve Chen, Trevor McFedries, William Mougayar
Dec 1, 2021	Danvas	$7.0M Seed	—	AME Cloud Ventures, Cowboy Ventures, Dunce Capital, Generative Ventures, Hardware Club, LightShed Ventures, Primetime Partners, Rethink Education, Techstars, Tribeca Venture Partners, Vayner RSE, Balaji Srinivasan, Bradley Horowitz, Daniel Rosensweig, David Ko, Greg Isenberg, James Beshara, Mark Pincus, Trevor McFedries, Vibhu Mittal, William Mougayar
Dec 1, 2021	Forethought	$65.0M Series C	—	01 Advisors, 8VC, Adams Street Partners, AIX Ventures, Alt Capital, Andreessen Horowitz, Animo Ventures, Astanor Ventures, Axiom Partners, Balderton Capital, CapitalG, Footprint Coalition, Footwork, Forerunner Ventures, General Catalyst, Generative Ventures, Goat Capital, Greylock, H.I.G. Capital, ICONIQ Capital, Impact VC, Index Ventures, Inspired Capital, K9 Ventures, Lightspeed Venture Partners, Madrona Ventures, Menlo Ventures, Rainfall Ventures, SNR, Howard Lindzon, Sound Ventures, South Park Commons, Spark Capital, Stellar Capital, Stellation Capital, Struck Capital, Techstars, Tribe Capital, Twelve Below, Two Sigma Ventures, Ulu Ventures, Rick Lewis, Vayner RSE, Village Global, WorkLife Ventures, XYZ Venture Capital, Y Combinator, Andy Coravos, Balaji Srinivasan, Baron Davis, Boris Silver, Dylan Field, Gopi Kallayil, Greg Isenberg, Gwyneth Paltrow, Hadi Partovi, James Beshara, Kelvin Beachum Jr., Marc Benioff, Mathilde Collin, Mike Vernal, Peter Sonsini, Rob Theis, Sahin Boydas, Steven Sinofsky, Tim Griffin, Trevor McFedries, William Mougayar, Yan-David Erlich
Nov 1, 2021	Avilar Therapeutics	$60.0M Seed	—	Collide Capital, Gutter Capital, Listen, Sheila Lirio Marcelo, Charles Huang
Oct 1, 2021	Practice	$10.0M Seed	—	1776, 20VC, Kevin Hartz, AirAngels, Alchemy Ventures, Ambush Capital, Andreessen Horowitz, AngelList Syndicator, Awesome People Ventures, Backstage Capital, Adeyemi Ajao, Rexhep Dollaku, Batalion Capital, Battery Ventures, Blockchain Coinvestors AngelList Syndicate, Broadstone, Buckley Ventures, Canvas Ventures, Capital Factory, CDP Venture Capital, City Light Capital, Cornerstone Venture Partners, Coughdrop Capital, CRV, Data Tech Fund, DCM, Dragonfly Capital Partners, Dunce Capital, Felicis Ventures, Fifth Wall, First Star Ventures, Form Capital, Founders Fund, General Catalyst, Generative Ventures, Goat Capital, Gutter Capital, Haun Ventures, HawksHead Capital, Homebrew, IDEO CoLab Ventures, Index Ventures, Infinite Niches, iNovia Capital, Inspired Capital, Inventus Capital Partners, Khosla Ventures, Kima Ventures, Lampros Capital Partners, LAUNCH, Lightspeed Venture Partners, LocalGlobe, Logos Labs, Matrix Partners India, Molten Ventures, Moving Capital, Mucker Capital, Musha Ventures, Neu Venture Capital, Jeff Richards, Not Boring Capital, Octopus Ventures, Operator Collective, Anh-Tho Chuong Degroote, Ben Huh, Pantera Capital, Pareto Holdings, Pharos Capital Group, Predictive VC, Redpoint Ventures, Renegade Partners, Republic, Robot Ventures, Scalar Capital, Sequoia Capital, Seven Seven Six, SoftBank Investment Advisers, Sound Ventures, SRB Ventures, Stellar Capital, SV Angel, Team Ignite Ventures, Techstars, Tet Ventures, The Hit Forge, Theory Ventures, Tiger Global Management, Timespan Ventures, Todd and Rahul's Angel Fund, Tucker Seed Fund LLC, Union Square Ventures, Vayner RSE, WestCap, XFactor Ventures, XYZ Venture Capital, Y Combinator, YLEM, Adam Pisoni, Adrian Aoun, Ali Moiz, Allison Pickens (Allison Pickens Ventures), Andrea Vaccari, Anthony Pompliano, Balaji Srinivasan, Bobby Goodlatte, Brian Sugar, Charlie Songhurst, Chris Herd, Chris Kurdziel, Courtney Guertin, Cristóbal Conde, Daniel Burka, Elliott Cohen, Emanuel Pleitez, Emily Kramer, Eric Wu, Ethan Beard, Fernando Martinelli, Furqan Rydhan, Gokul Rajaram, Greg Isenberg, Ian Hogarth, Itamar Lesuisse, James Beshara, JD Ross, Jess Sloss, Joe Stump, Josh Elman, Julius Göllner, Kevin Lin, Larry Summers, Luca Ascani, Mandeep Singh, Manik Gupta, Manish Chandra, Marc McCabe, Mark Pincus, Mathilde Collin, Max Mullen, Michael Dunworth, Michael Stoppelman, Mike Hudack, Narendra Rocherolle, Paul Stamatiou, Philippe Teixeira da Mota, Philipp Herkelmann, Pieter Schoen, Reggie James, Ricky Engelberg, Ron Pragides, Roxanne Varza, Rudra Peram, Russell Smith, Sahil Lavingia, Sam Corcos, Sam Parr, Sarah Friar, Scott Belsky, Shishir Mehrotra, Stani Kulechov, Stanley Tang, Steve Schlafman, Tegan Kline, TJ Parker, Tony Jamous, Tony Xu, Trevor McFedries, Wayne Ting, William Boebel, William Mougayar, Zachary Sims
Oct 1, 2021	Matter	$7.0M Series A	—	01 Advisors, Kevin Hartz, A* Capital (A Star Capital), Boost VC, BoxGroup, DCM, Defy Partners, Felicis Ventures, Felix Capital, Flex Capital, Floodgate, Freestyle Capital, General Catalyst, Generative Ventures, M.G. Siegler, GV, Human Augmentation Syndicate, LGF, Liquid 2 Ventures, Long Journey Ventures, Nyca Partners, Operator Collective, Outrun Ventures, Pareto Holdings, Project A, Seven Seven Six, TDK Ventures, Techstars, The General Partnership, Vayner RSE, Wave Capital, XFactor Ventures, Y Combinator, Aaron Harris, Adam Goldstein, Andy Coravos, Balaji Srinivasan, Bangaly Kaba, Charlie Cheever, Chris Bennett, Claire Hughes Johnson, Emil Lee, Eoghan McCabe, Eric Chernoff, Eric Ries, Greg Isenberg, John Johnson, Julia Hartz, Louis Beryl, Matt Mazzeo, MG Siegler, Michael Dell, Rick Berry, Ryan Orr, Trevor McFedries, Wiley Cerilli, Will Brooks, William Mougayar, Will Martin
Sep 1, 2021	Roll	$10.0M Series A	—	AirAngels, Amasia, Andreessen Horowitz, Animal Capital, Archetype, Audacity, Awesome People Ventures, Battery Ventures, Casa Verde Capital, Chapter One Ventures, CoinFund, Divergence Ventures, Electric Ant, Electric Capital, Entrée Capital Ventures, Ethereal Ventures, Future Perfect Ventures, Hack VC, Hashed, Infinity Ventures Crypto, Intonation Ventures, Kearny Jackson, Kleiner Perkins, M34 Capital, Makers Fund, Nascent, Not Boring Capital, Pioneer Fund, REMUS Capital, Robot Ventures, Sarona Ventures, Seed Club Ventures, Sequoia Capital, Seven Seven Six, SID Venture Partners, Solana Ventures, Sound Ventures, Square Peg Capital, Thirty Five Ventures, Todd and Rahul's Angel Fund, Vayner RSE, Version One Ventures, Vibe Capital, Weekend Fund, WPP Ventures, Adam Jackson, Alex Pack, Aliaksandr Hudzilin, Alice Lloyd George, Ali Moiz, Anastasia Andrianova, Andrew Steinwold, Balaji Srinivasan, Biz Stone, Bo Shao, Brad Holden, David Nage, Do Kwon, Eric Feng, Eric Wu, Griffin Johnson, Immad Akhund, Imran Khan, Jeff Morris, Jess Sloss, Jimmy Donaldson, Julie Zhuo, Karim Atiyeh, Kevin Hart, Luis Cuende, Mark Cuban, Nathaniel Whittemore, Regan Bozman, Rene Reinsberg, Rich Miner, Scott Belsky, Sina Habibi, Stani Kulechov, Steve Weinstein, Tegan Kline, Tyler Scott Ward
Nov 1, 2019	ISEE	$15.0M Series A	—	Alumni Ventures, Craig Shapiro, Dynamo Ventures, ENIAC Ventures, Founders Fund, FTW Ventures, Blake Wu, Primary Venture Partners, Spark Capital, Dylan Field, Ian Hogarth
Sep 1, 2017	ISEE	$3.0M Seed	—	Alumni Ventures, Craig Shapiro, Dynamo Ventures, ENIAC Ventures, FTW Ventures, Blake Wu, Primary Venture Partners, Spark Capital, Ian Hogarth
Jun 1, 2017	Sentiment	$1.0M Series A	—	040 Capital, Archetype, Molten Ventures
Jan 1, 2014	Sentiment	$750K Series A	—	040 Capital, Archetype, Molten Ventures

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Turing Capital.

Connor Lin

Investor

Michael Karnjanaprakorn

Investor

Felix Feng

Investor

Leadership Team

Key people at Turing Capital.

Connor Lin

Investor

Michael Karnjanaprakorn

Investor

Felix Feng

Investor

Deep Dive

High-Level Overview

Turing Capital is primarily known as a quantitative asset management firm specializing in systematic, data-driven investment strategies aimed at capturing market opportunities with superior risk-adjusted returns. Their approach leverages advanced quantitative methodologies and institutional-grade execution, supported by a multidisciplinary team of quant researchers, mathematicians, physicists, and financial veterans. The firm emphasizes transparency, integrity, and rigorous risk management to deliver consistent performance across diverse market conditions[1][2].

Separately, there is a distinct entity named Turing Capital operating as a crypto angel fund that backs early-stage blockchain and crypto startups. This fund is founder-led, with no outside investors, enabling it to support highly ambitious projects in the crypto space hands-on. Its portfolio includes notable blockchain projects such as Filecoin, Polkadot, and Hedera, focusing on enabling founders at the frontier of innovation[3].

Origin Story

The quantitative asset management Turing Capital was founded with a mission to advance quantitative finance through disciplined, data-driven research and execution. While the exact founding year is not specified, the firm has evolved by integrating cutting-edge quantitative methods and maintaining a strong commitment to risk management and innovation[1].

The crypto angel fund Turing Capital was founded by Michael Karnjanaprakorn (founder of Skillshare and Otis) and Connor Lin (founder of Carbon). Their background as founders themselves informs their hands-on support approach. The idea emerged from a desire to back the most ambitious crypto projects without external investor constraints, allowing for flexible and founder-friendly investment[3].

Core Differentiators

*For the quantitative asset management firm:*

Unique investment model: Systematic, quantitative strategies based on rigorous data analysis and scientific methods.
Network strength: Multidisciplinary team combining expertise in mathematics, physics, and finance.
Track record: Focus on delivering superior risk-adjusted returns with robust risk controls.
Operating support: Advanced execution capabilities and continuous monitoring to preserve capital and optimize outcomes[1].

*For the crypto angel fund:*

Product differentiators: Founder-led with no outside investors, enabling flexible and ambitious crypto investments.
Developer experience: Hands-on support from experienced founders familiar with startup challenges.
Speed, pricing, ease of use: Agile decision-making and founder-friendly terms.
Community ecosystem: Portfolio includes influential blockchain projects, fostering innovation at the edge of crypto technology[3].

Role in the Broader Tech Landscape

The quantitative asset management Turing Capital rides the trend of increasing reliance on quantitative finance and algorithmic trading to navigate volatile markets and improve investment outcomes. The timing is favorable due to growing data availability, computational power, and investor demand for systematic strategies that can adapt to complex market dynamics. Their approach influences the broader ecosystem by advancing quantitative methods and promoting transparency and risk discipline in asset management[1][2].

The crypto angel fund Turing Capital is positioned at the forefront of the blockchain and decentralized technology revolution, supporting foundational projects that enable new decentralized applications and infrastructures. This aligns with the broader market forces favoring decentralization, digital assets, and Web3 innovation. Their influence helps accelerate the growth of the crypto startup ecosystem by providing capital and expertise to early-stage builders[3].

Quick Take & Future Outlook

For the quantitative asset management firm, the future likely involves deeper integration of machine learning, AI, and alternative data sources to enhance their quantitative models and maintain a competitive edge. As markets evolve, their commitment to innovation and risk management will be critical to sustaining superior returns.

For the crypto angel fund, continued growth depends on the maturation of the blockchain ecosystem and the emergence of new use cases for decentralized technologies. Their founder-centric, hands-on approach positions them well to back breakthrough projects that could shape the future of finance and digital infrastructure.

Both entities named Turing Capital, though distinct, embody a commitment to leveraging advanced technology and founder expertise to drive innovation and value creation in their respective domains[1][3].

Sources

High-Level Overview

Origin Story

Core Differentiators

*For the quantitative asset management firm:*

Unique investment model: Systematic, quantitative strategies based on rigorous data analysis and scientific methods.
Network strength: Multidisciplinary team combining expertise in mathematics, physics, and finance.
Track record: Focus on delivering superior risk-adjusted returns with robust risk controls.
Operating support: Advanced execution capabilities and continuous monitoring to preserve capital and optimize outcomes[1].

*For the crypto angel fund:*

Product differentiators: Founder-led with no outside investors, enabling flexible and ambitious crypto investments.
Developer experience: Hands-on support from experienced founders familiar with startup challenges.
Speed, pricing, ease of use: Agile decision-making and founder-friendly terms.
Community ecosystem: Portfolio includes influential blockchain projects, fostering innovation at the edge of crypto technology[3].