AI Compute Infrastructure Company Torus Secures $500 Million in Funding

TechFlow report, Nov. 12 — According to a Torus announcement, the U.S. energy and compute infrastructure company secured $500 million in growth capital, led by Magnetar, with participation from ICONIQ, Origin Ventures, Ridgeline Partners, and Trinity Capital.

Torus also launched Foundry, a modular AI inference infrastructure that integrates power supply, energy storage, cooling, networking, and compute into prefabricated systems. The company said the product delivers 1 to 20 MW of compute capacity per site and takes 12 to 16 weeks from contract signing to running AI workloads.

First customers include Hydra Host and another AI cloud provider. Torus said Foundry has deployed thousands of GPUs and plans to deploy more than 47,000 by the end of 2027. The financing will be used to expand the GigaOne production facility and deploy energy storage and compute products in the United States.

Source: TechFlow