Firmus Technologies
| Role | Organisation | Sources |
|---|---|---|
| Firmus Technologies | - | |
| Founder | Regal Funds Management | - |
| Founder | Regal Funds Management | SmartCompany, Startup Daily |
| Chief Investment Officer (former) · Founder | Regal Funds Management | SmartCompany, Startup Daily (7 Aug 2026), Startup Daily (6 Feb 2026), Startup Daily (16 Sep 2025), ARN (ARNnet) |
Stories naming Phil King. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.
Roundup of four Australian raises: Firmus Technologies' US$2 billion round at a $15 billion valuation, Eudaemon's $3.75 million, Zabidou's $3.5 million seed round, and Rampart's $2.3 million.
Firmus has secured a further US$2bn at a $15bn valuation from Coatue, Nvidia, Blackstone and Jane Street, taking its 12-month capital intake past US$3bn to fund Australian AI data centre projects.
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Firmus Technologies received a $100 million strategic investment from Maas Group Holdings, taking total funds raised past $900 million in under five months.
Firmus, an AI data centre builder, has received a further $100 million from Maas Group, lifting its five-month total past $900 million; Maas also sold its construction-materials arm for $1.7 billion.
Funding roundup covering five raises totalling $340.2 million: Firmus's Nvidia-backed round, plus H3D, Puralink, Escape This and Isaacus, across AI infrastructure, health tech, robotics, entertainment and legal AI.
Also SmartCompany
Australian-founded data centre firm Firmus, based in Singapore, has raised $330 million with Nvidia backing and Ellerston Capital leading, reaching a $1.85 billion valuation and unicorn status ahead of a planned 2026 ASX listing.
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