Torus
Torus raises $200M Growth at $1.2B valuation
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
Company Info
Investors (2)
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