10 Best BDC Stocks to Buy Right Now

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6. Trinity Capital Inc. (NASDAQ:TRIN)

Number of Hedge Fund Holders: 11

On April 30, Trinity Capital Inc. (NASDAQ:TRIN) announced a commitment of up to $35 million in equipment financing to Torus, a US-based company working to build the next generation of energy infrastructure.

Torus designs, engineers, and manufactures distributed mesh energy systems that deliver scalable, secure, and reliable power. The goal is to lower costs, improve resilience, and meet growing demand driven by electrification and AI-related load growth. Its platform brings together battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance. It serves utilities, data centers, manufacturers, and commercial and industrial facilities.

Ryan Little, Senior Managing Director of Equipment Finance at Trinity Capital, said Torus is working to address key challenges in modern energy infrastructure by moving grid-scale capabilities closer to where demand is generated. He added that the firm is supporting the company’s GigaOne buildout as it expands production capacity to meet rising demand.

The financing is expected to help Torus scale manufacturing and increase output at its GigaOne manufacturing and assembly facility.

Trinity Capital Inc. (NASDAQ:TRIN) operates as an internally managed, closed-end, non-diversified investment company structured as a business development company. It provides debt, including loans and equipment financing, to growth-stage businesses, including venture-backed companies and those supported by institutional investors.

While we acknowledge the potential of TRIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TRIN and that has 100x upside potential, check out our report about the cheapest AI stock.

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