Firmus Technologies
Category: AI Infrastructure
Firmus Technologies designs and operates energy-efficient AI infrastructure, including Sustainable AI Factories and green AI data centers powered by renewable energy. Firmus Technologies was founded in 2019. The company is led by Tim Rosenfield. Based in Singapore, Singapore. Team size: 50-100. Total funding raised: $1.35 billion (equity) + $10 billion debt facility. Latest round: Equity Raise. Key investors include Coatue Management, Blackstone, NVIDIA, Ellerston Capital, Archibald Capital, Regal Funds Management.
- Founded
- 2019
- Headquarters
- Singapore, Singapore
- Team size
- 50-100
- Total funding
- $1.35 billion (equity) + $10 billion debt facility
Value proposition
Provides scalable, sovereign, and energy-efficient AI infrastructure with a focus on sustainability, leveraging renewable energy and liquid-cooling technology to reduce operational costs and environmental impact
Products and solutions
Sustainable AI Factories (vertically integrated modular systems), Green AI Data Centers (renewable-powered, liquid-cooled), Firmus AI Cloud (enterprise AI services), HyperCube (next-gen AI infrastructure with advanced cooling)
Unique value
Pioneering vertically integrated AI Factory platforms combining modular, energy-optimized hardware with AI-specific software for end-to-end scalability
Target customer
Enterprises, government agencies, education institutions, startups, and scaleups requiring AI infrastructure, particularly in Australia, Singapore, and globally
Industries served
Artificial Intelligence (AI/ML), Cloud Computing, Energy and Sustainability, Government and Public Sector, Education, Enterprise Technology
Technology advantage
Proprietary liquid-cooling technology (reduces energy use by 50% compared to traditional data centers) and HyperCube architecture for AI GPU clusters
How they differentiate
Firmus differentiates through energy-efficient AI Factories with liquid-cooling, seawater-cooled AI compute, and a focus on sustainability. Their vertically integrated platform allows cheaper construction compared to legacy data centers, emphasizing cost-effective AI token generation and partnerships with NVIDIA for advanced infrastructure.
Main competitors
Submer, LiquidStack, KyotoCooling
Key partnerships
NVIDIA (strategic collaboration; Vera Rubin launch partner; grid-integrated AI factory software), Coatue Management (lead equity investor), Blackstone (lead debt financier), SUBCO (Bernacchi-1 submarine fibre cable partnership), STT GDC (Sustainable Metal Cloud availability zones), CDC Data Centres Pty (Project Southgate partner), Ellerston Capital (cornerstone investor), AI Singapore (SEA-LION LLM case study)
Notable customers
NVIDIA (partner), Global hyperscale customer (multi-year agreement at Project Southgate), AI Singapore (SEA-LION LLM training), HTX (Home Team Science & Technology Agency, Singapore), Rafay (cloud services expansion), CDC Data Centres Pty (Project Southgate)
Major milestones
Raised $500M in November 2025 for Australia's largest green AI data centers, Secured $10B debt financing from Blackstone/Coatue (Feb 2026), Raised $505M strategic equity led by Coatue at $5.5B valuation (Apr 2026), Named NVIDIA Vera Rubin launch partner (2026), Signed multi-year agreement with global hyperscale customer at Project Southgate (Mar 2026), Announced Bernacchi-1 submarine fibre cable partnership with SUBCO (June 2026), Expanded board with Lee Hatton, Christine Bartlett, Julie Shuttleworth (Mar 2026), Targeting ~$2B ASX IPO in mid-2026
Growth metrics
Valuation: $5.5 billion (April 2026 post-money); $10B debt facility from Blackstone/Coatue (Feb 2026); targeting ~$2B ASX IPO in mid-2026
Market positioning
Positioned as a leader in green AI infrastructure, targeting the APAC market with scalable, sovereign AI solutions. Focuses on high-performance, energy-optimized data centers for AI workloads.
Geographic focus
Primary focus on Australia and Singapore, with expansion plans across Asia-Pacific. Partnerships with local entities like Singapore's port authority for seawater-cooled facilities.
Patents and IP
Not publicly disclosed (no specific patents listed in recent reports, though innovation in cooling and modular design is emphasized)
About Tim Rosenfield
Co-founder and Co-CEO with background in AI infrastructure, energy-efficient data center development, and mining engineering. Led multiple funding rounds totaling $830M, including strategic partnerships with NVIDIA and development of AI Factory platform.
Official website: https://firmus.co