Torus
Secure energy storage and management systems
Utah, United States · Founded 2021 · $267.0M raised
- Headquarters
- Utah, Utah
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- torus.co
- Total Funding
- $267.0M
- Last Round
- $200.0M Series DApr 2024
- Rounds
- 2
About
Torus is a Utah-based full-stack renewable energy platform that designs, manufactures, and deploys modular energy storage and management systems combining flywheel and battery technology. Its Torus Station products help commercial, industrial, and residential customers offset power costs and carbon emissions by becoming their own renewable energy providers. Founded in 2021, Torus manufactures its products in Springville, Utah using US-sourced steel.
Summary
Torus is an Energy Storage company based in Utah, United States, founded in 2021. It has raised $267.0M in total across 2 rounds, most recently a $200.0M Series D round in Apr 2024. Investors include Magnetar Capital, Trinity Ventures and Origin Ventures.
Tech & App Stack
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Funding History
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Apr 2026
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Series D through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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