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Synopsis
Origin Ventures, a venture capital firm known for supporting disruptive software and hardware companies, led a $67m funding round in Torus, with participation from Epic Ventures, Cumming Capital, the Larry H. Miller Company, Zions Bank, Pelion and ICONIQ. "We are thrilled to have Origin Ventures leading this equity financing. We continue to make significant technical strides in energy storage and management. We at Torus are proud to be designing, engineering and manufacturing energy storage and management products here in the US. Our strategic partnerships with industry giants like the Rocky Mountain Power ‘Wattsmart’ program and our relationship with Vivint Smart Home, alongside financing allies Sungage and Banterra Bank, are empowering communities to embrace energy storage," Nate Walkingshaw, Torus CEO and Founder.
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