Torus
Latest round
- Series A
Last raised
- Apr 2024
Total raised
- $66M
Investors
- 7
About Torus
Based in Utah, US, and founded in 2021 by co-founders Nate Walkingshaw and Gilbert Lee, Torus Inc. is a renewable energy solutions provider for the home, business, and large-scale utility industries that develops, creates, and produces energy storage and management devices. In September 2025, Torus Inc. Torus Inc. offers the Torus Station, a smart battery storage system designed to optimize energy use and reduce reliance on the traditional grid. The Torus App allows users to monitor energy use and system performance in real time. Additionally, Torus provides customer support with assigned Torus guides to address any questions or issues. The Torus Station allows homeowners and businesses to store excess solar energy generated during the day and use it during peak hours. The app allows users to track their energy use in real-time, configure energy goals, and integrate smart home devices like thermostats and EV chargers for optimised energy use. The Torus Station provides backup power during grid outages, ensuring critical loads like appliances or business operations remain functional. Torus generates revenue through the sale and deployment of modular power plants, ongoing operations and maintenance services, and software subscriptions for energy management. Its solutions also enable cost savings for clients via demand charge reduction and grid support services, creating recurring revenue opportunities. The company plans to scale manufacturing capacity in Utah, expand partnerships with utilities, and enhance its AI-driven energy management platform. Torus aims to position itself as a key player in distributed energy infrastructure, targeting sectors like defense, data centers, and large-scale commercial operations.
Who invested in Torus
7 investors across 1 round
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Funding rounds
Series A
Apr 2, 2024
Amount
$66M
Investors
Questions about Torus
Who invested in Torus?
Torus has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Torus raised?
Torus has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Torus last raise money?
Torus's most recent round on record is a Series A, in Apr 2024.
What does Torus do?
Based in Utah, US, and founded in 2021 by co-founders Nate Walkingshaw and Gilbert Lee, Torus Inc.
Where is Torus headquartered?
Torus is headquartered in South Salt Lake, US.
Which VCs invest in companies like Torus?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Torus's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series A
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