Firmus
AI data centres, which the company calls AI factories, and the AI cloud computing capacity it sells from them across Asia-Pacific. Project Southgate, its main program, develops NVIDIA-based AI factory sites in Australia, starting in Launceston, Tasmania.
Data & cloud infrastructureAI data centres and GPU cloudSydney, Australia
FoundersSince 2019
- Valuation
- $11B
- Total raised
- $13B
- Last round · Aug 2026
- Strategic investment
- Founded
- 2019
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Funding round | Sep 16, 2025 | $1.2B | $220M | Ellerston Capital |
| Funding round | Nov 14, 2025 | $3.9B | $327M | Unknown |
| Strategic investment | Apr 6, 2026 | $5.5B | $505M | Coatue |
| Strategic investment | Aug 7, 2026 | $11B | $2.0B | Unknown |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
Funding rounds
DateRound · leadRaisedValuation
Aug 7, 2026Strategic investment$2.0B$11B
Nov 14, 2025Funding round$327M$3.9B
Jun 26, 2025Funding round$184M—



