Venture capital fund · 2 deals
Every published round Tectonic Investment Management took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Tectonic Investment Management has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Firmus Technologies | GPU-powered AI cloud and scalable compute infrastructure | Sep 2025, undisclosed | 2 | 0 |
Fund closes reported for Tectonic Investment Management, as distinct from the investments it has made.
Companies Tectonic Investment Management has backed that another company then bought. An exit for the holding, not a deal Tectonic Investment Management did.
Stories naming Tectonic Investment Management. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Also SmartCompany·SmartCompany·AFR Technology·Business News Australia·This Week in Australian Startups·AFR Technology·SmartCompany·Startup Daily·Forbes Australia
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.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany
BetaCarbon has launched a blockchain platform letting Australians buy tokenised Australian carbon credits from one dollar, having already sold over four million dollars of tokens, with backing from several investment funds.