Firmus

Active#2 in Australia

Builds and operates energy-efficient AI data centres in Australia and Asia-Pacific, renting computing power to AI model developers and cloud customers.

AI›data centres and AI compute firmus.co

Founded2019

HQLaunceston

RaisedUSD 3bn+

Last roundStrategic equity round · Aug 2026

Country of originAustraliaListed in the Australia ranking

Where would you invest?Holding company in Singapore; data centres and operations in Tasmania and MelbourneJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Australia · all sectors	Top 45	#2	Edition 0 · October 2026	7 Jan 2027

Rank historyOct 2026 · #2First edition: no movements yet.

Estimated valuation

AI · Australia ranking

≈ USD 10bnUSD 8.4–13bn · Decacorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Strategic equity round · USD 2bn · Aug 2026
Published valuation: USD 10.5bn · Aug 2026
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 3bn+ raised in total

Date	Round	Amount	Type	Investors
Aug 2026	Strategic equity round	about USD 2bn (AUD 2.8bn)	Equity	Coatue, Nvidia, Blackstone Tactical Opportunities, Jane Street

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Firmus as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $10BUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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What the AI reads

Read by the AI at the next edition.

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Full Australia ranking →

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Investors in Firmus: Coatue · NVIDIA · Blackstone Tactical Opportunities · Jane Street

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.