Tech Company Financing Transactions
Torus Funding Round
Torus, based in Salt Lake, secured $200 million from Magnetar Capital.
Transaction Overview
Company Name
Announced On
9/9/2025
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Magnetar Capital (Dave Snyderman)
Proceeds Purpose
he investment will accelerate the deployment of Torus' proprietary modular power plants for utilities, data centers, and commercial and industrial customers across the United States.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
855 W 2400 S
Salt Lake, UT 84119
USA
Salt Lake, UT 84119
USA
Phone
Undisclosed
Website
Email Address
Overview
Welcome to Torus! We're a Utah-based renewable energy storage and management startup. We are a committed team of 65 industry pioneers, led by co-founders Nate Walkingshaw and Gilbert Lee. Our team of dedicated hardware, firmware, and software engineers, designers, manufacturing, operations, and staff work relentlessly to make renewable energy storage more efficient, affordable, and sustainable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nate Walkingshaw
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