Torus
PrivateLast Round
Series C
Nov 11, 2026
Total Funding Raised
$817M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Torus operates in Energy & Sustainability and is based in South Salt Lake, Utah. Its latest recorded funding round was a Series C round in November 2026.
Torus is a renewable energy technology company that provides hybrid flywheel and battery energy storage and management solutions.
Sector
Energy & Sustainability
Verticals
Energy Storage, Smart Grid, Energy Management, Renewable Energy
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription, Government Contracts, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Torus Comparables
Compare Torus with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Energy Vault | 80% | |
| Revterra | 79% | |
| Qnetic | 79% |
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Torus Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Nov 11, 2026 | ||||
| Debt | Apr 29, 2026 | ||||
| Growth Equity | Sep 9, 2025 | ||||
| Series A | Apr 3, 2024 | ||||
| Series A | Jan 12, 2022 | ||||
Seed | Jul 9, 2019 |
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Key People
Founding team and executive leadership
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Torus Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Liquid Capital | Series A |
| Pelion Venture Partners | Series A |
| Multicoin Capital | Series A, Seed |
| ICONIQ Capital | Series A, Series C |
| Magnetar Capital | Growth Equity, Series C |
| Union Square Ventures | Series A |
| Hash Global | Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 11, 2026
$500M round led by Magnetar Capital.
- Sep 21, 2026
Grew 18% QoQ, from 188 to 222 employees.
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Recent news
Latest coverage and updates
- launchesNov 11, 2026
Torus, Inc. launches Foundry modular AI infrastructure on Nov 11th '26., combining power, storage, cooling, networking, and compute in prefabricated units that support 1 to 20 megawatts of capacity.
- receives_financingNov 11, 2026
On Nov 11th '26, Torus, Inc. receives $500M in a Series C round led by Magnetar, with ICONIQ, Origin Ventures, Ridgeline Partners, and Trinity Capital participating, to scale Foundry, its modular AI data center system, in Utah.
- launchesOct 19, 2026
Torus, Inc. unveils Flywheel Energy Storage Tech on Oct 19th '26.
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Torus Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Torus's valuation, stock price, and market status.
Is Torus a public or private company?
Torus is a private company.
What is the current stock price of Torus?
Torus is a private company, so its shares have no public market price. Caplight tracks Torus's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Torus worth (valuation)?
Valuation information for Torus is not publicly available.
Can I buy Torus stock?
Torus shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Torus's last funding round?
Torus's most recent funding round was Series C on November 11, 2026.
Who are the main investors in Torus?
Key investors in Torus include Multicoin Capital, Magnetar Capital, Peak XV Partners, Origin Ventures Group, Trinity Capital.
Will Torus IPO soon?
No public IPO plans have been announced for Torus.
How can I track Torus secondary market activity?
Caplight tracks bids, offers, and trades in Torus's shares on secondary markets.