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Salt Lake City, United States

Torus

$500.0M Series C
Announced
Nov 11, 2026
Sector
AI Infrastructure
Investors
5

Summary

Torus raised $500 million in a Series C round led by Magnetar to expand its Foundry system. Torus is a modular AI data center provider.

Investors

Magnetar, ICONIQ, Origin Ventures, Ridgeline Partners, Trinity Capital