Torus (Energy Storage)

Energy Storage · Salt Lake City, UT · Founded 2021 · Privately Held (backing)

Developer of renewable energy technology intended to empower individuals and communities to become their own renewable utility providers. Torus (Energy Storage) is based in Salt Lake City, UT and was founded in 2021. It was valued at $266 million at its early-stage round in Mar 2024, the last priced event on record. It has raised $267 million across 1 recorded round; the latest was a $67 million Series A in Mar 2024.

PMV mark · valuation
$265.7M
Oct 2026
Priced at
its early-stage round
Mar 2024
Total raised
$267.0M
Last round
Early Stage VC (Series A)
Mar 2024

Who backs Torus (Energy Storage)?

14 investors
InvestorType
Alumni VenturesVenture capital
Service Provider CapitalVenture capital
GreycroftVenture capital
Pelion Venture PartnersOther
EPIC VenturesVenture capital
ICONIQ CapitalFamily office
Magnetar CapitalHedge fund
Cumming Capital ManagementFamily office
Convoi Ventures—
Mercato Partners—
+ 4 more investors · a free account shows the complete list
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Torus (Energy Storage) investors

14 investors are on record for Torus (Energy Storage), including Alumni Ventures, Service Provider Capital, Greycroft and Pelion Venture Partners. By type, the record holds 4 venture capital firms, 2 family offices and 1 hedge fund. The Series A in Mar 2024 drew 10 investors.

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