Global Startup Funding Watch

Asia AI Datacenter Infra Boom

Asia AI Datacenter Infra Boom

Key Questions

What major funding did Firmus secure for AI data centers in Asia?

Nvidia-backed Firmus raised $505 million in a Series G round led by Coatue, reaching a $5.5 billion valuation for AI data centers. Projects include Southgate and Vera Rubin, with expansions in Australia and Tasmania.

What is Galaxea's funding and valuation?

Galaxea raised $290 million, achieving a $29 billion valuation, as part of the Asia AI datacenter infrastructure boom.

What are key trends in Asia's AI infrastructure?

Asia sees a datacenter infra boom with SpinQ raising 1 billion yuan for quantum computing, China’s Q1 AI VC up 48%, Japan tweaking privacy laws, and an APAC compute race involving Nvidia investments.

Firmus $505M Coatue $5.5B Nvidia ($1.35B 6mo, Project Southgate/Vera Rubin/crypto pivot confirmed) Aus/Tasmania DCs; Galaxea $290M $29B; SpinQ 1B yuan quantum; China Q1 +48% AI VC; Japan privacy tweaks; APAC compute race.

Sources (2)
Updated Apr 8, 2026