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Firmus Technologies

Building AI factories — large-scale, energy-efficient AI compute infrastructure across the Asia-Pacific region.
AI 📍 Sydney, Australia Founded 2021
Current Valuation
$11B
as of 2026-08-07
DECACORN
Firmus Technologies is an Australian AI-infrastructure company building 'AI factories' — large-scale, energy-efficient compute facilities to train and run AI models — across Australia and the wider Asia-Pacific region, including a development in Indonesia. On Aug 7, 2026 it raised $2B in fresh equity at a valuation above $10.5B, with follow-on investment from Nvidia and Coatue joined by Blackstone and Jane Street, roughly doubling its ~$5.5B April 2026 valuation. The raise follows a Blackstone-led $10B financing package tied to its Australian AI data-center plans announced earlier in 2026.

Company Profile

CEO
Oliver Curtis
Founded
2021
HQ
Sydney, Australia
Total Raised
$2.0B
Growth
Valuation ~doubled from ~$5.5B (Apr 2026) to >$10.5B in four months as capital floods AI infrastructure
Last Round
Growth Equity — $2.0B (Aug 2026) · Lead: Nvidia & Coatue
IPO Status
private

Fundraising Status

Growth Equity · $2.0B · this month
privateTotal raised $2.0B2 disclosed rounds

Growth Equity Impact

Round Size
$2.0B
Primary financing announced
Post-Money Valuation
$11B
Company-announced mark
Valuation Step-Up
+90.9%
vs Debt/Project Financing at $5.5B
Round / Post-Money
19.0%
New capital ÷ post-money
Disclosed Funding
$2.0B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Growth & Valuation

Valuation across funding rounds
Valuation growth across funding rounds$5.5B$11BFeb '26Aug '26
Capital raised per round
Capital raised per funding round$10BDebt/Project Financing$2.0BGrowth Equity
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Growth Equity$2.0BAug 2026Nvidia & Coatue$11B
Debt/Project Financing$10BFeb 2026Blackstone$5.5B

Founders & Key People

Oliver CurtisTim Rosenfield

Investors

Nvidia · Coatue Management · Blackstone · Jane Street

Products

  • AI factories (large-scale AI training/inference data centers)
  • Energy-efficient AI compute infrastructure
  • Asia-Pacific AI data-center network (Australia, Indonesia)

Competitors

CoreWeave · Crusoe · Lambda · Nebius
AIAI InfrastructureData CentersNvidia-backedAsia-Pacific
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-08-07. Refreshed quarterly.