Torus Raises $67 Million to Expand Energy Storage Platform and Accelerate Clean Energy Infrastructure

Torus, an energy technology company developing advanced energy storage and management solutions, has raised $67 million in new equity, debt, and financing commitments to accelerate the deployment of its energy storage systems and expand its clean energy infrastructure platform. The financing round was led by Origin Ventures, with participation from Epic Ventures, Cumming Capital, The Larry H. Miller Company, Zions Bank, Pelion, and ICONIQ. The company plans to use the capital to scale manufacturing, expand deployments, and advance its mission of creating more resilient energy systems.

Founded in 2021 and headquartered in Utah, Torus develops energy storage and management products designed for residential, commercial, industrial, and utility customers. The company’s technology combines mechanical energy storage, battery systems, and software controls to help customers manage electricity demand, improve grid reliability, and increase access to renewable energy solutions.

Torus was created to address growing challenges in the global energy sector, including rising electricity demand, grid limitations, and the increasing need for flexible energy resources. The company believes that traditional power infrastructure must evolve to support growing demand from businesses, communities, and emerging technologies. Its platform is designed to provide customers with tools for storing energy, managing power usage, and improving resilience during grid disruptions.

The company’s flagship products include energy storage systems built around flywheel technology. Torus uses high-speed rotating systems combined with battery storage to provide fast-response energy management capabilities. The company’s approach is designed to deliver both immediate power response and longer-duration energy storage, allowing customers to better manage electricity costs and maintain operations during outages or periods of high demand.

The newly raised financing will support Torus’ efforts to expand production and deploy more energy storage systems across the United States. The company plans to increase manufacturing capacity, strengthen partnerships with utilities and commercial customers, and continue improving its energy management software. The funding will also help Torus accelerate development of its modular energy infrastructure designed for businesses, utilities, and communities.

Origin Ventures, which led the financing, invests in technology companies focused on transforming major industries. The firm’s investment in Torus reflects growing investor interest in energy technologies that combine hardware innovation with software-driven management systems. Other participating investors, including Epic Ventures, Cumming Capital, The Larry H. Miller Company, Zions Bank, Pelion, and ICONIQ, joined the round to support Torus’ expansion.

Torus has positioned itself as an energy infrastructure company focused on helping customers become more independent and resilient in their power management. Its systems are designed for applications ranging from commercial facilities and industrial operations to utility-scale energy projects. By combining storage technology with intelligent controls, Torus aims to help organizations reduce energy costs, manage demand, and maintain reliable power.

The company’s funding comes amid increasing demand for energy storage solutions. As renewable energy adoption grows, storage technologies are becoming increasingly important for balancing supply and demand. Solar and wind generation can vary depending on weather conditions, creating a need for systems that can store electricity and provide power when needed. Torus is targeting this market by developing storage solutions designed to support a more flexible and reliable energy grid.

Beyond storage hardware, Torus is also developing software and management tools that allow customers to optimize how energy is generated, stored, and consumed. The company’s platform provides visibility into energy usage and enables automated management of power resources. This combination of physical infrastructure and digital controls is intended to help customers improve efficiency while supporting broader clean energy goals.

The company has continued expanding its partnerships with commercial, industrial, and utility customers as demand increases for distributed energy resources. Torus believes that future energy systems will require more localized and intelligent infrastructure capable of supporting businesses and communities as electricity demand continues to rise.

With the new funding secured, Torus plans to accelerate the rollout of its energy storage and management solutions while expanding its manufacturing and customer base. The company’s long-term goal is to build a more resilient energy ecosystem by providing advanced storage technology that enables cleaner, more reliable, and more efficient power management. As energy demand continues to grow worldwide, Torus aims to play a key role in developing the infrastructure needed for the next generation of electricity systems.

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