Aug 7, 2026 – 1.40pmFirmus Technologies co-founder and chief executive Oliver Curtis says the company will pick up the pace on its ambitious plans to build artificial intelligence factories across Australia and Asia Pacific, after officially closing the IPO-hopeful’s biggest equity funding round to date.The $US2 billion ($2.9 billion) capital raising, priced at $230 per share, was first reported by Street Talk in July, and had required an extraordinary general meeting investor vote last Friday.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Firmus to turbocharge AI factories roll-out after giant funding deal
Co-CEO Oliver Curtis says the company can accelerate ambitious plans to build data centres across Australia and Asia Pacific, after raising $2.9 billion.
TL;DRAI
Firmus Technologies closes $2B funding round to accelerate AI factories across Australia and Asia Pacific. Institutional backing for regional AI factories signals market shift toward localized automation infrastructure; impacts APAC budgets and stack decisions.
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