Funding

Torus

United States · Industrial tech · Climate tech · Hardware · AI

Torus manufactures integrated energy storage and modular AI compute infrastructure for utilities, enterprises and industrial sites.

Visit torus.coFunding history

Product

Torus builds energy storage and modular AI infrastructure for utilities, commercial properties and industrial facilities. Based in Salt Lake City and led by founder and CEO Nate Walkingshaw, it combines hardware, software and ongoing operations and maintenance.

Its Reserve platform manages energy storage and power demand. Foundry pairs this capability with prefabricated AI inference systems that integrate power, cooling, networking and compute. Torus manufactures the systems at its GigaOne facility in Utah and serves customers including Hydra Host.

Funding history

1 round · 1 with disclosed amounts
AnnouncedRoundAmountInvestors
Growth capital$500MMagnetar — LeadICONIQ — ParticipantOrigin Ventures — ParticipantRidgeline Partners — ParticipantTrinity Capital — Participant

Investors

MagnetarLed Growth capitalICONIQJoined Growth capitalOrigin VenturesJoined Growth capitalRidgeline PartnersJoined Growth capitalTrinity CapitalJoined Growth capital

Coverage

Nov 11, 2026Torus · Growth capital

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Sourcestorus.co ↗torus.co ↗