Nvidia-backed Firmus nearly doubles valuation to $10.5 billion

Anushka Singh, Published on Aug 7th, 2026

Nvidia-backed Firmus nearly doubles valuation to $10.5 billion

Nvidia-backed data centre firm Firmus Technologies on Friday said it had raised $2 billion in its latest funding round, taking its post-money valuation to over $10.5 billion. The firm's valuation has nearly doubled after the funding round from $5.5 billion from its earlier round in April. The latest round saw participation from Nvidia, Blackstone's funds, Jane Street and Coatue Management.

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