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Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes (Mark Chediak/Bloomberg)

Techmeme2026-11-11 21:250 views

Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes (Mark Chediak/Bloomberg)

Mark Chediak / Bloomberg:
Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes — Torus, an energy-storage startup, said it raised $500 million in funding to help launch a new shipping container-sized product …

Source：https://www.techmeme.com/261111/p26#a261111p26

PreviousSources: Anthropic's IPO draws multiple times the orders for the shares available; a source says Dario Amodei and Jamie Dimon have a livestream event on Friday (Bailey Lipschultz/Bloomberg)NextLondon-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from ~$1.1B in May (George Hammond/Financial Times)

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