Overview
- The Australian Financial Review reported a further $500 million raise that it says lifts Firmus’s valuation to $6 billion.
- Tech Funding News reported $327 million in new capital with a valuation near $600 million and noted that existing investors returned.
- A Reuters account said the company would raise A$500 million for Project Southgate, identifying Nvidia and Ellerston as backers of recent rounds.
- Firmus is advancing sites from Perth to Sydney and Tasmania, with Melbourne and Tasmania facilities reported as expected to be operational by April.
- The company emphasizes renewable power and plans to deploy Nvidia’s upcoming GB300-class chips, with a potential IPO flagged for next year.