Ledger. Australian venture funding, tracked

Co-CEO, Firmus Technologies

Tim Rosenfield

Coverage

Stories naming Tim Rosenfield. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

4 deals

AI data centre startup Firmus just raised another $2.85 billion at a whopping $15B valuation

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

3 deals

AI data centre startup Firmus eyes off another $725 million raise as it readies to IPO on the ASX

Sydney-founded AI data centre company Firmus, now Singapore-based, says Coatue and Nvidia are set to back its next US$505 million raise before a planned ASX listing, after earlier raises including Nvidia's A$330 million.

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3 deals

AI data centre startup Firmus Technologies banks another $100 million

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.

6 deals

Cheque-in: 5 Australian startups banked $340.2 million this week

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.

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Unnamed stage $330m

Roxy Jacenko's husband now has a unicorn data centre startup after Nvidia backs its $330 million raise

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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