Torus Raises $200M in Growth
Torus has successfully raised $200M in a Growth at a $1.2B valuation led by Breakthrough Energy Ventures, TPG Rise.
Company Overview
Torus is a Energy company headquartered in Salt Lake City, UT, founded in 2021 with 150+ employees.
Hybrid power plants combining flywheel and battery storage for grid stability
Fundraising Details
- Amount Raised: $200M
- Round Type: Growth
- Valuation: $1.2B
- Date: 2025-09-14
- Investors: Breakthrough Energy Ventures, TPG Rise
About Torus
Hybrid power plants combining flywheel and battery storage for grid stability The company is positioned in the Energy sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Salt Lake City, UT
- Founded: 2021
- Team Size: 150+
- Industry: Energy
What This Means
This funding round demonstrates strong investor confidence in Torus's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Energy sector continues to attract significant investment as companies innovate to meet evolving market demands. Torus's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.2B valuation marks an important milestone for Torus, positioning the company among notable players in the Energy industry.
Looking Ahead
With this new capital, Torus is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-09-14. For more information about Torus, visit their headquarters at Salt Lake City, UT.
