# Nvidia-backed Firmus Raises $505M at $5.5B Valuation Ahead of ASX IPO

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-04-06T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/04/06/nvidia-backed-firmus-raises-505m-5-5b-valuation-ahead-asx-ipo)  
> **Canonical Citation:** [https://spidits.com/timeline/nvidia-backed-firmus-raises-505m-at-5-5b-valuation-ahead-of-asx-ipo](https://spidits.com/timeline/nvidia-backed-firmus-raises-505m-at-5-5b-valuation-ahead-of-asx-ipo)

## Executive Summary
Nvidia Corp.-backed Australian artificial intelligence data center company Firmus Technologies Pty. Ltd. today said it has raised $505 million in new funding on a $5.5 billion valuation ahead of an expected initial public offering on the Australian Stock Exchange later this year.

## Key Entities & Companies
- **NVIDIA**

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/04/06/nvidia-backed-firmus-raises-505m-5-5b-valuation-ahead-asx-ipo)**: Nvidia-backed Firmus raises $505M at $5.5B valuation ahead of ASX IPO — _Nvidia Corp.-backed Australian artificial intelligence data center company Firmus Technologies Pty. Ltd. today said it has raised $505 million in new funding on a $5.5 billion valuation ahead of an expected initial public offering on the Australian Stock Exchange later this year. Founded in 2019..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*