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Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation

CN
CitrixNews Staff
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Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation

Asia AI data center provider Firmus on Monday announced a fresh $505 million raise led by Coatue at a $5.5 billion post money valuation. With this round, Firmus has raised $1.35 billion in six months, it says.

The Singapore-based data center company previously raised AU$330 million (approximately $215 million) at an AU$1.85 billion ($1.2 billion) valuation from investors, including Nvidia.

Originally reported by TechCrunch