Key Metrics
Company Snapshot
Firmus is a AI infra company, based in Sydney, New South Wales, Australia, founded 2019 by Oliver Curtis, Tim Rosenfield, Jonathan Levee. Latest valuation A$15B (~US$10.5B) (As of Aug 7, 2026, Startup Daily). Total funding US$3B (A$4.25B) in ~12 months (As of Aug 7, 2026).
Recent changes
- Oct 5, 2026Oct 5, 2026Firmus Plans $5.5B IPO At $30.6B Valuation Pulse story
- Sep 24, 2026Sep 24, 2026Firmus Reveals $77M Loss Forecast Ahead Of $5B IPO Pulse story
- Aug 7, 2026Aug 7, 2026Raised US$2B (A$2.85B) Growth at a A$15B (~US$10.5B) valuation Startup Daily
- Aug 7, 2026Aug 7, 2026First reported total funding: US$3B (A$4.25B) in ~12 months Startup Daily
- Aug 7, 2026Aug 7, 2026First reported valuation: A$15B (~US$10.5B) Startup Daily
Earlier changes (7)
- Aug 7, 2026Aug 7, 2026New investor: Blackstone (Tech Hub) Startup Daily
- Aug 7, 2026Aug 7, 2026New investor: Coatue Management Startup Daily
- Aug 7, 2026Aug 7, 2026New investor: Jane Street Startup Daily
- Aug 7, 2026Aug 7, 2026New investor: Nvidia Startup Daily
- Aug 7, 2026Aug 7, 2026Ex-Bitcoin Miner Firmus Raises $2B for AI Factories Pulse story
- Aug 7, 2026Aug 7, 2026Firmus Grid Raises $2B for AI Factories in APAC Pulse story
- Apr 2026Apr 2026Raised US$505M (A$725M) Growth at a A$8B valuation Startup Daily
Funding History
2 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 7, 2026 | Growth | US$2B (A$2.85B) | A$15B (~US$10.5B) | Coatue ManagementLeadunverifiedNvidiaLeadunverifiedBlackstone (Tech Hub)unverifiedJane StreetunverifiedRegal Funds ManagementunverifiedEllerston CapitalunverifiedArchibald CapitalTectonic Investment Management | Startup Daily |
| Apr 2026 | Growth | US$505M (A$725M) | A$8B | Startup Daily |
Investors
Latest Pulse
- Oct 5, 2026Firmus Plans $5.5B IPO At $30.6B ValuationNvidia-backed data-center builder Firmus plans to raise up to $5.5 billion in an Australian IPO valuing it at roughly $30.6 billion, nearly tripling its valuation in two months.→
- Sep 24, 2026This Fall's IPO Cohort, Scored Deal By DealSix live IPO storylines this week produced wildly different outcomes -- from a 19% Hong Kong pop to a pulled US deal -- and the spread says this fall's IPO window rewards individual fundamentals, not just good timing.→
- Sep 24, 2026Firmus Reveals $77M Loss Forecast Ahead Of $5B IPOFirmus Grid's draft prospectus forecasts a $77 million first-half loss even as the Nvidia-backed data center operator priced its Australian IPO at A$11.00 a share to raise A$7.1 billion ($4.94 billion), a $30.6 billion equity valuation (about $60 billion including debt), according to a term sheet reviewed by Reuters.→
- Sep 24, 2026Bamboo Insurance Pulls Its IPO Just Before PricingBamboo Insurance Services postponed its planned NYSE listing on the day it was set to price, citing financial-market volatility, after marketing an all-secondary offering targeting a roughly $3.24 billion valuation.→
- Sep 10, 2026Nvidia Backs 2GW Of AI Factories In AustraliaNvidia is partnering with eight Australian data-center and cloud companies to build up to 2 gigawatts of AI computing capacity by 2027, a target that would more than double the country's existing compute base.→
- Aug 20, 2026August's AI Infrastructure Deals Already Top $8.7BDatabricks' $5B raise, Firmus' $2B round, Castelion's $1B Series C and Etched's $700M add up to $8.7B in AI infrastructure and adjacent capital-intensive funding in August alone.→
- Aug 17, 2026August's Mega-Rounds Have Already Cleared $9BFive disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.→
- Aug 7, 2026Firmus Grid Raises $2B for AI Factories in APACAustralian AI infrastructure builder Firmus Grid closed a fully subscribed $2 billion round from Nvidia, Coatue and Blackstone, pushing its valuation above $10.5 billion to fund AI-factory expansion across Australia and Asia-Pacific.→
- Aug 7, 2026Ex-Bitcoin Miner Firmus Raises $2B for AI FactoriesFormer bitcoin miner Firmus Grid raised a $2 billion strategic round from Nvidia, Coatue and Blackstone, pushing its post-money valuation above $10.5 billion to build AI data centers across Australia and the Asia-Pacific.→
Coverage Timeline
newest firstAll Coverage
IPO$5.5B IPO / $30.6B valuation
Firmus Plans $5.5B IPO At $30.6B Valuation
Nvidia-backed data-center builder Firmus plans to raise up to $5.5 billion in an Australian IPO valuing it at roughly $30.6 billion, nearly tripling its valuation in two months.
DEEP DIVE
August's AI Infrastructure Deals Already Top $8.7B
FUNDING
August's AI Infrastructure Deals Already Top $8.7B
Databricks' $5B raise, Firmus' $2B round, Castelion's $1B Series C and Etched's $700M add up to $8.7B in AI infrastructure and adjacent capital-intensive funding in August alone.
BY THE NUMBERS
August's Mega-Rounds Have Already Cleared $9B
FUNDING$9.25B in 5 rounds
August's Mega-Rounds Have Already Cleared $9B
Five disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.
BY THE NUMBERS
Value Add Research
- AI & Technology · Aug 20, 2026Firmus IPO: $30.6B Valuation, Tripled in 2 Months
- VC & Investing · Oct 6, 2026Axiom Solutions Valuation 2026: $2B at $37.5B EV
- VC & Investing · Sep 10, 2026Fluidstack Valuation 2026: $18B Reported, Jane Street Leads
- VC & Investing · Jul 4, 2026Crusoe Raises $3B at $30B Valuation, Lands $13B Jane Street Deal
Related Companies
Shared investors
Firmus FAQ
What is Firmus's valuation?
Firmus's valuation is A$15B (~US$10.5B) (As of Aug 7, 2026, Startup Daily).
How much has Firmus raised?
Firmus has raised US$3B (A$4.25B) in ~12 months in total funding (As of Aug 7, 2026, Startup Daily).
Who are Firmus's investors?
Firmus's investors include Coatue Management, Nvidia, Blackstone (Tech Hub), Ellerston Capital, Jane Street, and 1 more (As of Aug 7, 2026).
Sources & methodologyshow
Where these figures come from
- Startup DailyValue Add VC data3 facts
- Startup DailyValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.