Cumming Capital
160 S 300 W, #1101, Salt Lake City, UT, 84101, United States
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Wealth management firm identifying market opportunities for investment.
Deals · 12mo
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- Torus
Participated · Equity · Apr 2024
Torus designs, develops and manufactures mesh-based distributed energy infrastructure that integrates battery and inertial storage systems, AI-based management, cybersecurity, and long-term operations and maintenance. Its platform targets utilities, data centers, manufacturers and commercial and industrial facilities to improve resilience and reduce costs. The company is based in South Lake City, UT. Torus plans to expand manufacturing capacity and scale production at its new GigaOne manufacturing and assembly facility using the recently secured debt financing. The announcement did not disclose revenue, user metrics, or prior funding round details.