Corporate / CVC · 6 deals
Every published round Nvidia took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Nvidia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Firmus Technologies | GPU-powered AI cloud and scalable compute infrastructure | Sep 2025, undisclosed | 3 | 0 |
| Baseten | 18 Feb 2026, Series D+ | 1 | 0 | |
| PsiQuantum | Sep 2025, Series D+ | 1 | 0 | |
| Quantinuum | Aug 2025, Series B | 1 | 0 |
Fund closes reported for Nvidia, as distinct from the investments it has made.
Companies Nvidia has backed that another company then bought. An exit for the holding, not a deal Nvidia did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Nvidia is recorded as having been acquired. | ||||
Companies Nvidia acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Deci.AI | Acquisition | 2024 | - | Forbes Australia, Square Peg Capital (Tue 23 Jul 2024), Square Peg Capital (Tue 23 Jul 2024) |
| Name | Role | Sources |
|---|---|---|
| Jensen Huang | CEO · Founder | AFR Technology, Forbes Australia, Investible, tech-insider.org, TechCrunch Venture, bangid.com (Fri 20 Mar 2026), bangid.com (Fri 20 Mar 2026), Blackbird Ventures, SmartCompany, Ten13 |
| Raymond Teh | APAC Senior VP | Startup Daily |
Stories naming Nvidia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Markets live blog covering rising oil prices, a higher ASX open, weak LVMH quarterly sales, analysis of Firmus Technologies' failed float, and an analyst's bullish view of Meta's new AI models.
Weekly digest: Firmus withdraws its planned listing, Square Peg reaches a billion-dollar close on two vehicles, MUFG clears regulators to buy Grow Inc, and Lubdub, RocketDNA, Energy Bay and Metal all raise.
OpenAI now expects roughly $50bn in annual revenue, well short of what it told investors earlier; the report also recalls its huge March fundraiser, Anthropic's raise, and SoftBank's bond sale and AI spending.
Also cnbc.com·tech-insider.org
Australian Nvidia-backed data centre operator Firmus abandoned its planned US$5 billion IPO citing market conditions, and will instead pursue private capital; investors were reportedly sceptical of its valuation and debt.
ABC's markets live blog reports investor unease over AI valuations, centring on Australian data centre operator Firmus reportedly delaying its planned IPO and weighing private capital, alongside mixed overnight Wall Street results.
Firmus Technologies' co-founders face pressure to complete a struggling IPO, as dilution clauses could transfer a larger stake to Nvidia and other strategic backers if the float fails; a lower offer price is debated.
Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.
Also Dealroom
The data centre company's planned multibillion-dollar sharemarket debut is struggling, with institutional investors rejecting the initial share price and bankers reportedly cutting the offer price to prevent the float collapsing.
Also The Age Business
Rear Window reports bankers and brokers are readying data centre firm Firmus for a stockmarket float, with co-founders Oliver Curtis and Tim Rosenfield and other insiders' shareholdings locked in escrow.
Profile of Brett Adcock probing Figure's $39 billion valuation, narrow robot deployments, disputed claims involving BMW and OpenAI, and his habit of raising vast sums for ventures like Hark before products ship.
Also Crunchbase News
AI infrastructure company Firmus, preparing an ASX listing at a reported $44 billion valuation, has split from partner CDC over a scrapped data centre plan, while its prominent backers stay supportive.
Also The Age Business
Analysis tracing Oliver Curtis from an insider trading prison term to his central role in Firmus's planned $7.2 billion Australian sharemarket listing, with Blackstone and Nvidia among its existing backers.
Data centre developer Firmus holds a five-year chip agreement with Nvidia and intends an ASX listing in late October; the float and its expansion remain intentions rather than done deals.
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, covering NVIDIA, Amazon and SoftBank participation, a bank credit facility, retail demand, and a delayed IPO plan.
Also forkast.news
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, examining its mix of vendor compute, contingent commitments, retail participation and debt, and arguing the company now operates as an infrastructure utility.
Also finance.yahoo.com
NextDC, an Australian operator of data centres, announced a A$1.1 billion convertible note offer, following April equity and May debt raises, to bankroll local expansion.
Quarterly report from the Defender Global Fund flagging an 84.7% portfolio return, profits taken on SharonAI following its February Nasdaq uplisting, SharonAI's GPU collaboration with NVIDIA, and fresh investor subscriptions.
Defender's quarterly newsletter reports an exceptional quarter for its global fund, headlined by portfolio holding SharonAI, which surged after a February Nasdaq uplisting and an NVIDIA GPU deployment partnership.
Also Defender AM portfolio·Startup Daily·AFR Technology·Forbes Australia·Forbes Australia·Dealroom
ResetData, half-owned by Centuria, has lined up data centre capacity from CDC, secured 72MW of power, and locked in $165m of Macquarie debt for GPU deployment.
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
Roundup of four Australian raises: Firmus Technologies' US$2 billion round at a $15 billion valuation, Eudaemon's $3.75 million, Zabidou's $3.5 million seed round, and Rampart's $2.3 million.
Firmus has secured a further US$2bn at a $15bn valuation from Coatue, Nvidia, Blackstone and Jane Street, taking its 12-month capital intake past US$3bn to fund Australian AI data centre projects.
Also SmartCompany·SmartCompany·AFR Technology·Business News Australia·This Week in Australian Startups·Techmeme·Cut Through Venture·AFR Technology·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·iTnews·Forbes Australia·DealStreetAsia·Forbes Australia·Mirage News·SMH Business·ABC News Technology·The Age Business
Firmus Technologies received a $100 million strategic investment from Maas Group Holdings, taking total funds raised past $900 million in under five months.
OneQode, an AI startup using AMD technology, is highlighted alongside other neoclouds, with reports suggesting a valuation exceeding 250 million dollars.
Investible's note explains its pre-seed backing of satellite startup Outlier Space alongside GD1 and others, arguing uncrewed return-capable platforms will make off-world manufacturing viable as the ISS retires.
The head of neo-cloud firm Sharon AI argues no copyright change is needed to attract data centre investment; the piece recalls its Nasdaq listing raise and a large new financing.
IREN's board has signed off on long-term share awards worth roughly US$788 million for co-founder chief executives Daniel and Will Roberts, as the Sydney-based green data centre operator capitalises on AI demand.
Dealroom reports SharonAI Holdings' plan to fund an Nvidia GPU deployment for an Australian AI factory via equity and convertible notes, with both private placements likely to wrap up in June.
Megaport, a network-infrastructure firm based in Australia, has won four US contracts for AI computing and plans a shareholder entitlement offer to fund a new GPU inference cloud service.
Breakthrough Victoria rounds up April–May 2026 portfolio news, including grants for Number 8 Bio and Xefco, Liquid Instruments' Series C, program selections, partnerships, regulatory clearances and two new Aravax directors.
Analysis of OpenAI's record Series F close, its investor lineup, revenue climb, valuation scepticism, earlier rounds, employee share sales, and its path toward a possible public listing.
Chip startup Syenta raised a Series A led by Playground Global with the National Reconstruction Fund to commercialise its packaging technology and expand into the US; ex-Intel chief Pat Gelsinger joins its board.
Syenta, an ANU spinout in Sydney, has secured $36 million in Series A funding to commercialise its chip packaging technology; Playground Global and the National Reconstruction Fund led, and Pat Gelsinger joins the board.
Rampersand's April newsletter: an essay on AI services startups, model releases from Anthropic and Meta, Firmus Technologies' $505 million raise, Dexibit's sale to accesso, plus portfolio jobs, events and market commentary.
Also Dealroom·Cut Through Venture·Startup Daily·SmartCompany·SmartCompany·Forbes Australia·Business News Australia
Firmus, an Australian builder of AI data centres, has banked $505 million from Coatue and Nvidia at a $5.5 billion valuation, with a $10 billion debt facility already secured and a sharemarket float planned.
Mobility newsletter roundup: Uber's robotaxi deal with Rivian, Nvidia's automaker partnerships, Advanced Navigation's Series C, other startup raises, and acquisitions including Amazon's purchase of robotics startup Rivr.
Semiconductor cooling firm Frore Systems landed a $143 million Series D round led by MVP Ventures, reaching unicorn status at a $1.64 billion valuation; lifetime funding now totals $340 million.
Also bangid.com
OpenAI has raised a record private financing of $110 billion, with Amazon, Nvidia and SoftBank investing, lifting its pre-money valuation sharply, alongside an expanded cloud partnership with Amazon Web Services.
Also cnbc.com·tech-insider.org·forkast.news·finance.yahoo.com·finance.yahoo.com·benzinga.com·The Guardian Australia - Technology