Trinity Capital Inc. announced a $35 million equipment‑financing commitment to Torus, a U.S. energy‑technology firm that builds distributed mesh energy infrastructure. The financing will be used to expand Torus’s manufacturing capacity and scale its GigaOne production facility, positioning the company to meet growing demand from utilities, data centers and industrial operators for AI‑powered, resilient power solutions.
The $35 million commitment is a key component of Trinity’s strategy to deepen its equipment‑finance vertical, which has surpassed $1 billion in fundings since 2018. In its most recent quarterly report, Trinity reported total investment income of $65.4 million for Q1 2025, a 29.5% year‑over‑year increase, and net investment income of $32.4 million, or $0.52 per share. The new deal adds a significant, high‑quality asset to that portfolio and underscores the firm’s focus on high‑growth, capital‑intensive sectors.
Ryan Little, Senior Managing Director of Equipment Finance at Trinity, said, "We're proud to help support their GigaOne build out as they look to scale production to meet growing demand." Dillon Pierson, CFO of Torus, added, "Trinity Capital's support allows us to continue to expand GigaOne and meet the demand to deliver American‑made energy systems to the utilities, data centers, and commercial and industrial operators counting on us."
Torus has been recognized for its innovative technology, including the Torus Spin Flywheel™ that charges and discharges electricity faster than traditional batteries, and its AI‑driven management and cybersecurity capabilities. The company’s TIME Best Invention of 2024 award highlights its leadership in resilient power solutions, a market that is expanding as AI and data‑center infrastructure demand increases. The financing will enable Torus to accelerate deployment of its mesh energy systems, strengthening its competitive position in a growing market.
The transaction reflects a broader industry trend toward increased capital expenditure in AI and data‑center infrastructure, and it positions Trinity to capture a share of that growth through its equipment‑finance platform. The deal also signals confidence in Torus’s technology and market prospects, reinforcing Trinity’s strategy to invest in high‑growth, capital‑intensive businesses.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.