Fundraising

Torus

Torus Raises $200M in Growth

2021
Founded
150+
Employees
Salt Lake City, UT
2 min read

Quick Facts

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.


This fundraising news was reported on 2025-09-14. For more information about Torus, visit their headquarters at Salt Lake City, UT.

About the Author

Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news