$500MSeries C, 11 November 2026
Torus raised $500 million in Series C funding led by Magnetar to manufacture containerized AI computing systems.
- Amount
- $500M
- Stage
- Series C
- Announced
- 11 November 2026
- Lead
- Magnetar
- Other investors
- ICONIQ Capital, Origin Ventures, Trinity Capital
- Use of funds
- Financing production of Foundry, a container-sized unit combining battery storage with AI compute.
- Checked
- Amount and date matched across 3 press sources
- Sources
- Torus Raises $500M in Funding - FinSMEs FinSMEs
Torus lève 500 millions $ pour un produit de centre de données IA Par Investing.com fr.investing.com
Torus recauda 500 millones de dólares para producto de centros de datos con IA Por Investing.com es.investing.com