Torus secures $500M in funding led by Magnetar for its modular AI infrastructure, Foundry, to meet surging AI inference demand.
Amount Raised
$500 Million
Round Type
Venture
South Salt LakeEnergyRenewable Energyoil & energyInvestors
Description
Torus launches Foundry, a modular AI computing solution for sites with existing grid capacity. The company has secured $500 million in funding led by Magnetar to enhance its AI infrastructure. This funding aims to address the growing demand for AI inference. Torus is positioned to capitalize on the evolving AI landscape with this financial support.
Quick answer
Torus raised $500 Million in a funding round, dated November 11, 2026. Investors: Magnetar. Torus is based in South Salt Lake, Utah, United States.
- How much did Torus raise?
- Torus raised $500 Million in a funding round on November 11, 2026.
- Who invested in Torus?
- Magnetar is named as investors in this round.
- What does Torus do?
- Torus is building America’s next generation of power infrastructure.
- Where is Torus based and how big is it?
- Torus is based in South Salt Lake, Utah, United States. Fundz records about 130 employees.
- Who are the decision-makers at Torus?
- Fundz holds 2 contacts at Torus, including the CMO, Co-founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Torus that raised within 45 days of this round, from Fundz verified event records.
- FluxPoint Energy raised an undisclosed amount (Seed) on November 10, 2026.
- SolidUltra raised $3.3M (Seed) on November 9, 2026.
- Project Omega raised $80M (Series A) on November 9, 2026.
- ACEN raised $37M on November 6, 2026.
- GraphEnergyTech raised $4M (Seed) on November 6, 2026.
- FluoRok raised $30M (Series A) on November 5, 2026.
Who to call at Torus, and when
A new round usually means Torus is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Torus raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Torus, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Torus. With Fundz connected, it knows.
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Fundz sees it the moment Torus raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Torus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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