ENTITY Origin Ventures

Origin Ventures

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RESEARCH · CL_353265 · Nov 11 · 15:12

Torus raises $500M for AI compute units powered by spare grid energy

Torus, an energy storage company based in Salt Lake City, has secured $500 million in Series C funding. The round was led by Magnetar, with participation from ICONIQ, Origin Ventures, Ridgeline, and Trinity Capital. Thi…