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Back to articles
May 05, 2026
•Jesse LandryJesse Landry

Torus Secures Up to $35M in Equipment Financing to Scale Distributed Energy Infrastructure Platform

Energy doesn’t wait for permission, and Torus is building like it knows that. Out of South Salt Lake City, Nate Walkingshaw and Gilbert Lee built something that doesn’t just sit on the grid, it talks to it, anticipates it, and occasionally outsmarts it. Around them, a leadership bench that reads like operators, not spectators, with Dan Fermon as COO, Dillon Pierson as CFO, and Harrison Miner driving strategy as Chief of Staff and VP of Strategy, all tightening the system behind the scenes while the market tries to keep up. A full-stack energy platform that blends storage, management, security, and generation into a mesh that feels less like infrastructure and more like orchestration. Utilities, data centers, manufacturers, commercial players… if power is the game, Torus is quietly learning how to run it without wasting motion.

Now Trinity Capital Inc. just stepped in with up to $35M in equipment financing, not flashy equity headlines or chest-thumping valuations, but debt, the kind of capital that says we’ve seen enough, go build. Trinity Capital isn’t betting on a concept, they’re backing production, scale, and the kind of operational confidence that doesn’t need a hype man. And scale is the name of this track, with GigaOne not playing the role of vanity project but standing as a 540,000 square foot statement that American-made energy systems aren’t a nostalgic idea, they’re a current necessity, especially when paired with a system already pushing over 400 MW annually and aiming north of a gigawatt per quarter, sketching the outline of something bigger than a product line, something that feels a lot more like infrastructure with intent.

What hits different is the stack itself, Torus Spin bringing inertia back into the conversation like it never should’ve left, Torus Pulse handling storage without flinching, Torus Shield locking things down in a world where energy and cybersecurity are now roommates whether we like it or not, and then Overwatch and Lasso tying it all together, watching, learning, adjusting in milliseconds, turning what could’ve been a patchwork solution into a composed system. The execution shows up across the org, from Karen Nowicki leading software engineering to Patrick Reedy on hardware products, Dalya Adams building the data backbone, and DJ Anderson shaping how the story reaches the market, each layer reinforcing the idea that this isn’t a single product, it’s an ecosystem being engineered in real time.

This move lands as a signal, capital flowing toward systems that can be deployed, measured, and relied on when grids tighten and demand doesn’t blink. Trinity Capital’s financing aligns with a broader shift toward backing infrastructure that performs under pressure, while Torus continues expanding capacity through GigaOne, positioning its distributed mesh approach closer to the core of how energy gets managed, secured, and delivered at scale.

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Torus

Torus

Full-stack distributed energy infrastructure platform combining storage, management, security, and generation for utilities, data centers, and manufacturers

  • South Salt Lake City, Utah
Website

Key Executives

  • Nate Walkingshaw (Co-Founder)
  • Gilbert Lee (Co-Founder)
+7 more (coming soon)

Investors

Trinity Capital

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