#GateLaunchesPreIPOS LATEST: Firmus, a Singapore-based company specializing in Bitcoin mining cooling technology, has successfully raised a new funding round worth $505 million dollars, reaching a post-funding valuation of $5.5 billion.


The company is seeking to expand its AI data center network in Australia and Tasmania, leveraging Nvidia reference designs and the upcoming Vera Rubin platform.
Firmus announced a $$505 million funding round led by Coatue, with a post-funding valuation of $5.5 billion.
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JUST IN: Firmus, a Singapore based company that started in Bitcoin mining cooling technologies, closed a new funding round of $505 million and reached a post money valuation of $5.5 billion.
The company is looking to expand its AI data center network in Australia and Tasmania, leveraging Nvidia's reference designs and the upcoming Vera Rubin platform.
Firmus announced a $505 million fundraising round led by Coatue, with a post money valuation of $5.5 billion.
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