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Torus

Residential batteries store renewable energy

Overview

Torus sells residential energy storage batteries designed to store renewable power from hydro, wind, and solar. The units are made with 95% recyclable materials and can last up to three times longer than traditional chemical batteries. The batteries are sold directly to homeowners who want to reduce grid reliance and act as their own utility. A key feature is real-time monitoring that shows home energy use, renewable production, and battery status with updates every second. Torus helps customers qualify for a 30% federal tax credit, making the system more affordable. Unlike many competitors, Torus emphasizes long life and high recyclability, targets eco-conscious homeowners seeking energy independence, and provides an easy-to-use monitor and tax credit guidance to simplify adoption.

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About Torus

Simplify's Rating
Why Torus is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnergyConsumer Software

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$267M

Headquarters

Salt Lake City, UT

Founded

2021

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Simplify's take

What believers are saying

  • Trinity Capital committed $35 million in April 2026, validating near-term manufacturing scale.
  • Torus won Battery Manufacturer of the Year on 2026-11-05, strengthening hiring and sales credibility.
  • Management targets one gigawatt annual production, which could unlock utilities, data centers, and industrial contracts.

What critics are saying

  • Magnetar and Trinity financing still fund expansion, so GigaOne execution failure breaks the story.
  • A 500 MW PacifiCorp MOU is not a fully financed contract; conversion risk persists through 2027.
  • Flywheel economics face battery incumbents and supercapacitors; pricing opacity can kill data-center adoption.

What makes Torus unique

  • Torus combines flywheel and LFP storage, delivering millisecond response and long-duration discharge.
  • GigaOne in Salt Lake City began production in early 2026, scaling integrated U.S. manufacturing.
  • PacifiCorp MOU covers up to 500 MW, proving utility-grade demand beyond pilots.

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Funding

Total Funding

$267M

Above

Industry Average

Funded Over

3 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Benefits

  • Company Equity
  • 401(k) Retirement Plan
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Remote Work Options
  • Paid Vacation
  • Paid Holidays

Growth & Insights and Company News

6 month growth

1%

1 year growth

-1%

2 year growth

-1%
Blue Sky Productions, Inc.
Oct 19th, 2026
AD #4401 - Hyundai reveals Software-Defined Factory; Subaru Unveils In-House EV Prototype; Tesla Roadster Pre-Orders Lack Delivery Guarantee.

AD #4401 - Hyundai reveals Software-Defined Factory; Subaru Unveils In-House EV Prototype; Tesla Roadster Pre-Orders Lack Delivery Guarantee. Discover more Automotive industry analysis Car reviews Autoline After Hours Runtime: 9:36 0:00 Subaru Unveils In-House EV Prototype 1:17 Group Proposes Major PHEV Range Reform 2:03 Foxconn Buys $730M Mitsubishi Electric Stake 2:33 BYD Launches Racco In Sri Lanka 3:50 Tesla Roadster Pre-Orders Lack Delivery Guarantee 4:37 Hyundai Unveils Software-Defined Factory 5:37 Startup Uses Microbes for Copper Mining 6:30 Torus Unveils Flywheel Energy Storage Tech Visit its sponsors to thank them for their support of Autoline Daily: Bridgestone; CSP and Intrepid Control Systems. Donate to Autoline Thanks to its partner for embedding Autoline Daily on its website: WardsAuto.com

hi-Tech.ua
Jul 8th, 2026
Torus Nova Spin: how 800V flywheels are changing data center energy.

Torus Nova Spin: how 800V flywheels are changing data center energy. The energy dependence of modern data centers, caused by the increase in the power of graphics processors, requires new approaches to energy storage. The American startup Torus presented Nova Spin - a modular storage system based on flywheels, which offers an effective alternative to classic lithium-ion batteries. Mechanics instead of chemistry: the principle of operation. The system is based on the use of a heavy steel rotor rotating inside a hermetic vacuum chamber on magnetic bearings. During periods of excess electricity in the network, acceleration of the "spindle" occurs, which converts the current into kinetic energy. In the event of power surges or shortages, the flywheel slows down, releasing reserve via an integrated generator within a fraction of a second. Unlike batteries, this technology is resistant to deep discharges and capacity degradation. According to the developer, the life cycle of the system reaches 25 years without a decrease in productivity, which is 2.5-3.5 times longer than that of industrial lithium arrays, which need to be replaced after 7-10 years. Productivity at the level of 800 V. The choice of the operating voltage of 800 V DC is dictated by the requirements of modern risers for AI servers. This configuration eliminates unnecessary energy conversion steps, reducing efficiency losses. Nova Spin is capable of delivering 20 times more instantaneous power than chemical counterparts of a similar size. Key features and applications. A complete system charge and discharge cycle takes only 12 minutes, making Nova Spin an indispensable buffer for short-term network fluctuations. The main advantages of the solution: * Durability: up to 25 years of operation without degradation of characteristics. * Environmentally friendly: complete absence of toxic electrolytes and rare earth metals. * Stabilization: smoothing consumption peaks for data centers and objects with unstable generation (sun, wind). While Torus' focus is on sustainably powering infrastructure for AI computing, the technology has potential applications for mainline power grids, helping to balance the nation's power grid. Don't miss interesting news

Payout.ai
Apr 30th, 2026
Trinity Capital Inc. provides $35 million in equipment financing to Torus, helping power american-made energy systems | The AI Journal.

Trinity Capital Inc. provides $35 million in equipment financing to Torus, helping power american-made energy systems | The AI Journal. The punchline. Trinity Capital Inc. has announced a $35 million equipment financing deal with Torus, which aims to enhance American-made energy systems. This financing is expected to significantly contribute to the development and expansion of energy solutions domestically. Why you should read this. Understanding this investment provides insight into Trinity Capital's growth strategies and the potential for impactful developments in the American energy sector. Who this is for. This article is intended for institutional investors, private equity professionals, and credit analysts interested in alternative asset management and energy sector investments. Investor implications. The financing deal may indicate bullish sentiment in the energy sector, as investors can view this as a proactive move by Trinity Capital to capitalize on emerging opportunities in the sustainable energy market. Furthermore, it reflects growing investor interest in financing domestic energy projects. Read the full article. For complete coverage and additional details, visit the original article published by The AI Journal.

PR Newswire
Apr 30th, 2026
Trinity Capital provides $35M to Torus for American-made energy systems manufacturing

Trinity Capital has committed up to $35 million in equipment financing to Torus, a US-based energy technology company building distributed mesh energy infrastructure. The financing will support Torus in expanding manufacturing capacity at its new GigaOne facility. Torus designs and manufactures energy systems integrating battery and inertial-based storage, AI-powered management and cybersecurity for utilities, data centres and industrial facilities. The company's infrastructure aims to deliver scalable power whilst reducing costs and improving resilience amid rising demand from electrification and AI-driven load growth. Trinity Capital, an international alternative asset manager based in Phoenix, Arizona, has deployed over $5.5 billion across more than 463 investments since its 2008 inception. The firm operates across five lending verticals including equipment finance and tech lending.

Trinity Capital Inc.
Apr 30th, 2026
Trinity Capital Inc. provides $35 million in equipment financing to Torus, helping power american-made energy systems.

Trinity Capital Inc. provides $35 million in equipment financing to Torus, helping power american-made energy systems. PHOENIX, April 30, 2026 /PRNewswire/ - Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced the commitment of up to $35 million in equipment financing to Torus, a U.S.-based energy technology company seeking to build the next generation of energy infrastructure. Torus designs, engineers, and manufactures distributed mesh energy infrastructure that delivers scalable, secure and reliable power, helping reducing costs, improving resilience, and supporting rising demand driven by electrification and AI-driven load growth. Its full-stack platform integrates battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance across utilities, data centers, manufacturers, and commercial and industrial facilities. "Torus is looking to tackle some of the most pressing challenges in our energy infrastructure, bringing grid-scale performance closer to where it's needed most," said Ryan Little, Senior Managing Director, Equipment Finance at Trinity Capital. "We're proud to help support their GigaOne build out as they look to scale production to meet growing demand." The equipment financing will help to support Torus in expanding its manufacturing capacity and scaling production operations at its new GigaOne manufacturing and assembly facility. "Our customers are scaling fast and they need an energy infrastructure partner who can scale with them. Trinity Capital's support allows us to continue to expand GigaOne and meet the demand to deliver American-made energy systems to the utilities, data centers, and commercial and industrial operators counting on us," said Dillon Pierson, Chief Financial Officer at Torus. About Trinity Capital Inc. Trinity Capital Inc. (Nasdaq: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset Based Lending, and Life Sciences. As a long-term, trusted partner for innovative companies seeking tailored debt solutions, Trinity Capital has deployed more than $5.5 billion across over 463 investments since inception in 2008 (as of December 31, 2025). Headquartered in Phoenix, Arizona, Trinity Capital's dedicated team is strategically located across the United States and Europe. For more information on Trinity Capital, please visit trinitycapital.com and stay connected to the latest activity via LinkedIn. About Torus Torus designs, engineers, and manufactures distributed mesh energy infrastructure that delivers reliable power, reduces costs, improves resilience, and supports surging demand fueled by electrification and AI-driven load growth. Its full-stack technology integrates battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance for utilities, data centers, manufacturers, and commercial and industrial facilities. Headquartered in Salt Lake City, Torus has earned a TIME Best Invention of 2024 award for Torus Spin and a 2025 R&D 100 Award for innovation. Learn more at torus.co. SOURCE Trinity Capital Inc. Media Contacts: Trinity Capital Inc., Donnie Hogan, VP, Marketing Communications, [email protected]; Torus, Media Relations, [email protected]

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