Funding round
Firmus Growth
Reported as "Growth Equity"
Firmus, which works in AI infrastructure design and deployment in St Leonards, raised $2.00B in a Growth round announced on 7 Aug 2026, led by Nvidia and Coatue, at a $10.50B post-money valuation. 4 firms took part, 2 of them already investors. It is Firmus' third venture round on record; the one before was a Growth in Apr 2026.
$2.00B
Amount raised
$10.50B
Post-money valuation
$8.50B pre-money
4
Investors
2 leads
1.9x
Step-up from the Growth
$5.50B in Apr 2026
19%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Firmus at $10.50B after the new money, 1.9 times the $5.50B of its Growth (Apr 2026). The $2.00B bought investors about 19% of the company. It came 4 months after Firmus' Growth. It is 71% of the $2.83B Firmus has raised in the venture rounds on record. No later venture round is on record for Firmus.
Firmus' funding rounds
Firmus has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Nvidia and Coatue led the round with 2 other firms. Nvidia and Coatue had backed Firmus before.
Lead investors
- Nvidia existing investor
- Coatue backs 229 venture-backed companies existing investor
Also in the round
- Blackstone backs 83 venture-backed companies new investor
- Jane Street new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
252 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 33 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Databricks Tech Companies | 13 Aug 2026 | $5.00B | $190.00B | Coatue |
| Starcloud Tech Companies | 24 Aug 2026 | $250M | $2.30B | not named |
| Socure Tech Companies | 27 Aug 2026 | $156M | $5.20B | Summit Partners |
| Tech Companies | 25 Aug 2026 | $140M | $750M | Apax Partners |
| Tech Companies | 28 Aug 2026 | $75M | not disclosed | Point72 Ventures |
| Tech Companies | 28 Aug 2026 | $63M | not disclosed | Square Peg and Airtree |
| Tech Companies | 4 Aug 2026 | $54M | not disclosed | not named |
| Tech Companies | 19 Aug 2026 | $25M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Firmus raise in its Growth round?
Firmus raised $2.00B in its Growth round, announced in Aug 2026.
Who led Firmus' Growth round?
Nvidia and Coatue led it, with Blackstone and Jane Street.
What was Firmus' valuation at the Growth round?
$10.50B post-money ($8.50B pre-money).
How does it compare with other Growth rounds in Tech Companies?
252 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 33 times the median.