# Cloud startup funding, August 2026: Firmus Technologies's $2.0B Growth leads 12 rounds

> We read 12 equity rounds in Cloud announced in August 2026, raising $4.1B between them: 5% of all the rounds we read that month and 17% of the money.

Source: https://millionrounds.com/news/monthly/2026-08/sector/cloud (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **12** in Cloud, 11 with an amount

Raised **$4.1B** across those rounds

Lead named **92%** of rounds say who led

Share of the month **5%** of rounds; 17% of the money

## The biggest rounds

- [1 **Firmus Technologies** Growth · Australia **$2.0B**](https://millionrounds.com/company/firmus-technologies)
- [2 **Lumilens** Series C · United States · led by Bain Capital Ventures, Spark Capital **$700M**](https://millionrounds.com/company/lumilens)
- [3 **Groq** Series A · United States · led by Disruptive **$350M**](https://millionrounds.com/company/groq)
- [4 V **Volta** Series A · led by Andreessen Horowitz, Altimeter **$300M**](https://millionrounds.com/company/volta)
- [5 **Starcloud** Series A · United States · led by Manhattan West **$250M**](https://millionrounds.com/company/starcloud)
- [6 **Panthalassa** Growth · United States · led by Hanwha Asset Management, 8090 Industries **$225M**](https://millionrounds.com/company/panthalassa)
- [7 **Emerald AI** Series A · United States · led by DCVC, Energize Capital **$150M**](https://millionrounds.com/company/emerald-ai)
- [8 **Blacksmith** Series B · United States · led by Surge **$45M**](https://millionrounds.com/company/blacksmith)
- [9 **Voya Energy** Series A · United States · led by Energy Impact Partners **$35M**](https://millionrounds.com/company/voya-energy)
- [10 **Relativity Networks** Seed · led by Rhapsody Venture Partners **$22M**](https://millionrounds.com/company/relativity-networks)

## Day by day

Equity rounds in Cloud announced each day of August. The busiest day was 7 August, with 2.

1 August 31 August

## By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *1* **$2.4M** this month **$2.0M** 12 months, all sectors

[Seed](https://millionrounds.com/benchmarks/seed) *1* **$22M** this month **$5.5M** 12 months, all sectors

[Series A](https://millionrounds.com/benchmarks/series-a) *5* **$250M** this month **$20M** 12 months, all sectors

[Series B](https://millionrounds.com/benchmarks/series-b) *1* **$45M** this month **$50M** 12 months, all sectors

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$700M** this month **$100M** 12 months, all sectors

[Growth](https://millionrounds.com/benchmarks/growth) *3* **$1.1B** this month **$113M** 12 months, all sectors

## Where

- [United States](https://millionrounds.com/news/monthly/2026-08/united-states) **7**
- [Australia](https://millionrounds.com/news/monthly/2026-08/australia) **1**
- [Canada](https://millionrounds.com/news/monthly/2026-08/canada) **1**
- Ireland **1**

United States had the most Cloud rounds this month.

## Against the month

- Rounds, Cloud **12**
- Rounds, all sectors **220**
- Raised, Cloud **$4.1B**
- Raised, all sectors **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other sectors in August

[117 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-08/sector/ai)[32 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/fintech)[24 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/robotics)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-08/sector/construction)[18 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-08/sector/healthcare)[18 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/software)[17 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-08/sector/energy)[14 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/logistics)[14 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/big-data)[13 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/defensetech)[12 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/enterprise-software)[11 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cleantech)[11 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/biotech)[11 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cybersecurity)[10 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/climate)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
