Firmus Technologies, an Australian-founded AI infrastructure company, has recently secured $330 million in a Series A funding round, propelling its valuation to $1.9 billion. This milestone places Firmus among the ranks of Australia’s burgeoning unicorns, a testament to the nation’s growing prominence in the global AI landscape.
Founded by Australian entrepreneurs Oliver Curtis, Tim Rosenfield, and Jonathan Levee, Firmus initially operated out of Tasmania before expanding its reach. The company specializes in providing scalable AI infrastructure solutions that enable businesses to deploy AI models efficiently across various platforms and environments.
The latest funding round was led by U.S. chip giant Nvidia, with participation from local investor Ellerston Capital. Nvidia’s involvement underscores the strategic alignment between Firmus’s offerings and the industry’s increasing demand for robust AI infrastructure. The capital infusion will be utilized to enhance Firmus’s technological capabilities, expand its workforce, and accelerate the development of its AI solutions.
Firmus’s rapid ascent in the AI sector reflects a broader trend within Australia’s startup ecosystem. The nation has witnessed a surge in AI-focused ventures, with over 470 VC-backed AI startups collectively valued at $11.7 billion as of mid-2025 . This growth is indicative of Australia’s evolving role as a hub for AI innovation, attracting both local and international investors seeking to capitalize on the sector’s potential.
Read More
The company’s success also highlights the increasing importance of AI infrastructure in the broader technology ecosystem. As businesses across various industries seek to integrate AI into their operations, the demand for scalable and efficient AI infrastructure solutions is expected to rise. Firmus is well-positioned to meet this demand, offering a suite of products designed to simplify the deployment and management of AI models.
Looking ahead, Firmus aims to continue its trajectory of growth by expanding its product offerings and exploring new market opportunities. The company’s leadership remains committed to driving innovation in the AI infrastructure space, ensuring that businesses have the tools they need to harness the full potential of artificial intelligence.