Company intelligence

Firmus

Builds large-scale, renewable-powered AI data centres ("AI factories") across Australia and Asia-Pacific.

AI infraSydney, New South Wales, AustraliaFounded 2019Founders: Oliver Curtis, Tim Rosenfield, Jonathan Levee
Last verified Aug 7, 2026

Key Metrics

Valuation
A$15B (~US$10.5B)
As of Aug 7, 2026Startup Daily
Total funding
US$3B (A$4.25B) in ~12 months
As of Aug 7, 2026Startup Daily

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

  1. Aug 7, 2026Raised US$2B (A$2.85B) Growth at a A$15B (~US$10.5B) valuation Startup Daily
  2. Aug 7, 2026First reported total funding: US$3B (A$4.25B) in ~12 months Startup Daily
  3. Aug 7, 2026First reported valuation: A$15B (~US$10.5B) Startup Daily
  4. Aug 7, 2026New investor: NVentures Startup Daily
  5. Aug 7, 2026New investor: Coatue Management Startup Daily
Earlier changes (2)
  1. Aug 7, 2026New investor: Jane Street Startup Daily
  2. Apr 2026Raised US$505M (A$725M) Growth at a A$8B valuation Startup Daily

Funding History

2 events · sources dated per row
DateEventAmountValuationInvestorsSource
Aug 7, 2026GrowthUS$2B (A$2.85B)A$15B (~US$10.5B)
Coatue ManagementNVenturesJane StreetBlackstone Tactical OpportunitiesRegal Funds ManagementArchibald CapitalTectonic Investment Management+1 more
outlined = lead
Startup Daily
Apr 1, 2026GrowthUS$505M (A$725M)A$8B
Startup Daily

Investors

Latest Pulse

  1. August'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.
  2. August'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.

Coverage Timeline

newest first
  1. FUNDINGAugust's AI Infrastructure Deals Already Top $8.7B
  2. FUNDINGAugust's Mega-Rounds Have Already Cleared $9B

All Coverage

Value Add Research

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