Torus Raises $67M in Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Torus and Alysm Energy have raised a combined US$145 million to scale up their non-lithium energy storage technology businesses.
Utility industry news and analysis for energy professionals.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
A recent report found that industrial manufacturers experience 800 hours of unplanned downtime per year, or more than 15 hours per week. Unexpected troubleshooting costs $50 billion annually and lowers productivity and revenue. Most companies manually troubleshoot, but Austin, Texas-based ControlRooms.ai wants to change that. The company’s AI-powered analytics app automates industrial troubleshooting. The startup …