UK-based AI startup TurinTech has raised $20 million in funding to refine its AI-driven code optimization platform, Artemis, addressing inefficiencies caused by ‘vibe coding’—a hands-off approach to AI-generated software development.
The funding round includes a previously undisclosed $15M Series A led by Oxford Capital, with participation from Circle Rock and IQ Capital.
Fixing AI-Generated Code Inefficiencies
With one-quarter of Y Combinator startups now relying on AI to generate 95% of their codebases, TurinTech warns that AI-generated code often leads to inefficiencies, security flaws, and technical debt.
Artemis, TurinTech’s AI-powered platform, offers:
- Automated code validation and optimization to improve performance and scalability.
- Security checks to eliminate vulnerabilities in AI-generated software.
- AI-driven “evolutionary coding”, refining codebases for efficiency and reliability.
CEO Dr. Leslie Kanthan explained:
“As AI models generate more code, inefficiencies multiply. Artemis finds and fixes these issues, making software faster, more secure, and resource-efficient.”
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The Growing Demand for AI Code Optimization
- 75% of enterprise software engineers will use AI coding assistants by 2028 (Gartner).
- 63% of developers already integrate AI-generated code into their workflow (Stack Overflow).
- TurinTech has onboarded major blue-chip companies and banks as early adopters.
What’s Next for TurinTech?
With this funding, the company plans to:
- Expand Artemis’ capabilities beyond optimization to full-scale AI software validation.
- Grow its engineering and research teams to enhance AI-driven coding tools.
- Launch Artemis commercially later this year, after a successful early-access program.
With $20M in new backing, TurinTech is positioning itself as a key player in AI-driven software engineering, ensuring AI-generated code is efficient, secure, and enterprise-ready.
