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Firmus

SaaS & TechAustralia

Australian AI infrastructure and cloud services company operating modular AI data centres built with proprietary energy and cooling technology. Backers include Nvidia, Blackstone, Coatue Management and Jane Street.

1StartupFox story
SaaS & TechSector
Oct 2026Latest coverage

Funding

Firmus has raised $2M across 1 disclosed round, most recently a Growth in Aug 2026.

$2MRaised
GrowthLatest round · Aug 2026
$10.5BValuation
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Above $10.5 billion
Aug 2026Growth$2MNvidia, Blackstone, Coatue Management, Jane Street Above $10.5 billion

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadNvidia1 round · 2026
Blackstone1 round · 2026
Coatue Management1 round · 2026
Jane Street1 round · 2026
Aggregated automatically from the disclosed rounds above.

The Firmus journey

Aug 2026 · funding
Growth — $2M at Above $10.5 billion, led by Nvidia.
Sep 2026 · milestone
Signs agreements with Meta to supply GPU computing capacity at its South-East Asian AI data centres, built on Nvidia's platform, for Meta's AI research, model development and training. ↗
Oct 2026 · ipo
Withdraws a roughly $5 billion IPO that would have valued it near $30.6 billion, about three times its August valuation, citing market volatility. ↗
IPO Watchconfirmed
StatusWithdrawn October 2026
Withdrew a roughly $5 billion offering priced at A$11 a share, implying a valuation near $30.6 billion, citing market volatility after lukewarm demand. Would have been Australia's second-largest listing. The company will seek private capital instead. Source ↗

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Frequently Asked

What is Firmus?

Australian AI infrastructure and cloud services company operating modular AI data centres built with proprietary energy and cooling technology. Backers include Nvidia, Blackstone, Coatue Management and Jane Street.

How much funding has Firmus raised?

Firmus has raised $2M across 1 disclosed round. The most recent was a $2M Growth in Aug 2026.

Who are Firmus's investors?

Disclosed investors in Firmus include Nvidia, Blackstone, Coatue Management, Jane Street.

What is Firmus's valuation?

Firmus was last reported at Above $10.5 billion, at the time of its Growth in Aug 2026.

What is the status of the Firmus IPO?

Withdrawn October 2026.

What is the latest news on Firmus?

The most recent StartupFox coverage is “Firmus Wanted Three Times Its August Valuation And The Market Said No” (11 October 2026). All stories are listed on this page.

Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting. 0 of 1 funding round links to a named source.

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