There are similar dances in several sources called "Ballo del Fiore" (present in several versions), Ballo della Torchia, and Branle de la Torche. The common theme is that they're mixers, using either a flower, a torch or a candle as a token. A man dances with a flower, invites a woman to join him, they dance together, he gives her the flower and leaves the dance floor, she dances alone, finds a new partner, and so on, with the flower moving from person to person and each couple dancing in turn.
The most famous (and complete) descriptions are the Ballo del Fiore for two from Caroso's Il Ballarino, and the Branle de la Torche from Arbeau's Orchesography. Caroso also wrote variants where the danced pattern is for three or five people, though there is still a single flower moving from the lead dancer in one set to the lead dancer who will begin the next set. It seems likely that the common version of the dance, wherever it was performed and whatever the token, was for one couple at a time; and that the dances for larger sets were deliberate variations created by Caroso for the sake of variety.
There's a description of a couple-dance performed with torches in ***, albeit with the implication that several couples could dance at once.
Finally, there are several pieces of music, all roughly concordant, called "Ballo della Torchia", or something of the sort.