Torus
Torus raises $200M Growth at $1.2B valuation
Quick Facts
Torus: Growth Funding Round
Torus has successfully raised $200M in Growth funding, reaching a valuation of $1.2B.
Company Overview
Hybrid power plants combining flywheel and battery storage for grid stability
Funding Details
The Growth round was led by Breakthrough Energy Ventures, with participation from TPG Rise.
Company Information
- Headquarters: Salt Lake City, UT
- Founded: 2021
- Employees: 150+
- Category: Energy
Investment
Torus plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Breakthrough Energy Ventures: Verified investor in Growth
- TPG Rise: Verified investor in Growth
Key Investors
About the Author
Related Company Reports
Civitas Resources Headquarters - Office Location & Address
Discover Civitas Resources's headquarters at 370 17th St, Denver, CO 80202. Oil and gas exploration and production. Learn about the office facilities and work environment.
China Petroleum & Chemical Headquarters - Office Location & Address
Discover China Petroleum & Chemical's headquarters at 22 Chaoyangmen North St, Beijing, 100728. Integrated energy and chemical company. Learn about the office facilities and work environment.
Chevron Corporation Headquarters - Office Location & Address
Discover Chevron Corporation's headquarters at 6001 Bollinger Canyon Rd, San Ramon, CA 94583. Integrated energy company. Learn about the office facilities and work environment.