Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions
JSW Energy raises $600 million in Qualified Institutional Placement
April 10, 2024
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan facility. Origin Ventures, a venture capital firm, led the fundraising round. The company plans to use these funds to deepen its energy solutions portfolio in the commercial and large-scale utility sectors and grow the team.
Where clean energy's most influential leaders get their intelligence
Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.
Already have an account? Sign In
