Australian AI cloud provider Firmus has raised US$2 billion in a strategic equity investment round.
The raise saw Firmus receive follow-on participation from Coatue and Nvidia, which led and participated in the company’s US$505 million equity investment in a round from April 2026, respectively.
– Firmus
Blackstone Tactical Opportunities and other Blackstone vehicles invested in the latest round, with additional participation from Jane Street.
In a statement, Firmus said the investment will accelerate the next phase of its ‘Project Southgate AI Factory’ rollout across Australia, while also allowing the company to start expanding into other markets across Asia-Pacific.
