Rotating Data
Explore the map
Home/Deal Room/Firmus secures fully committed $2B AI-factory round

Financing · Evidence brief

Firmus secures fully committed $2B AI-factory round

Firmus + Coatue + NVIDIA + Blackstone + Jane Street

Primary sourcePress release only2026-08-07
Deal structureStrategic equity investment round
GeographyAustralia and Asia-Pacific
Infrastructure layersFinancing + AI factories + cloud capacity
Disclosed scale$2B of fully committed equity; more than $3B total new equity raised over the prior year; post-money valuation above $10.5B

Why it matters

The strategic read

Provides a large equity base for an Australian vertically integrated AI-factory platform using NVIDIA DSX architecture, proprietary HyperCube hardware and grid-aware software. The round funds simultaneous Project Southgate rollout and preparation for expansion elsewhere in Asia-Pacific.

Source-supported terms

What was disclosed

  1. 01

    Firmus announced full commitments for a $2B strategic equity round.

  2. 02

    Coatue and NVIDIA made follow-on investments; Blackstone-managed funds and Jane Street also participated.

  3. 03

    Capital will accelerate Project Southgate across Australia and prepare expansion into other Asia-Pacific markets.

  4. 04

    Firmus is building on NVIDIA DSX AI Factory Reference Architecture with its proprietary HyperCube platform and grid-aware software.

  5. 05

    The transaction takes total new equity raised over the prior year above $3B and post-money valuation above $10.5B.

Disclosure boundary

What is known—and what is not

Firmus says the round is fully subscribed and committed. The release does not disclose closing mechanics, individual investor allocations, security class, dilution, governance rights, liquidation preferences, capital-call timing, Project Southgate MW by site, equipment orders, customer contracts or deployment milestones.