Funding round
Firmus Growth
Reported as "Growth Equity"
Firmus, which works in AI infrastructure design and deployment in St Leonards, raised $505M in a Growth round announced on 1 Apr 2026, led by Coatue, at a $5.50B post-money valuation. 2 firms took part. It is Firmus' second venture round on record; the one before was a Growth in Nov 2025.
$505M
Amount raised
$5.50B
Post-money valuation
2
Investors
1 lead
9.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Firmus at $5.50B after the new money. The $505M bought investors about 9.2% of the company. It came 5 months after Firmus' Growth. It is 18% of the $2.83B Firmus has raised in the venture rounds on record. Firmus raised again 4 months later: a Growth round of $2.00B in Aug 2026, at $10.50B post-money.
Firmus' funding rounds
Firmus has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Coatue led the round with 1 other firm.
Lead investor
- Coatue backs 229 venture-backed companies new investor
Also in the round
- Nvidia new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
317 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $58M, and this round was 8.7 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 16 Apr 2026 | $175M | not disclosed | Sumeru Equity Partners |
| Tech Companies | 21 Apr 2026 | $60M | not disclosed | not named |
| Tech Companies | 1 Apr 2026 | $50M | not disclosed | not named |
| Tech Companies | 30 Apr 2026 | $43M | not disclosed | BNP Paribas |
| Tech Companies | 21 Apr 2026 | $34M | not disclosed | Just Climate and HighSage Ventures |
| Tech Companies | 24 Apr 2026 | $30M | $500M | Craft Ventures |
| Tech Companies | 13 Apr 2026 | $23M | not disclosed | Avenue Capital Group and BroadOak Capital Partners |
| Tech Companies | 9 Apr 2026 | $8.2M | not disclosed | P101 |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Firmus raise in its Growth round?
Firmus raised $505M in its Growth round, announced in Apr 2026.
Who led Firmus' Growth round?
Coatue led it, with Nvidia.
What was Firmus' valuation at the Growth round?
$5.50B post-money.
How does it compare with other Growth rounds in Tech Companies?
317 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $58M, and this round was 8.7 times the median.
Did Firmus raise again after this round?
Yes: a Growth round in Aug 2026 of $2.00B at $10.50B post-money.