Singapore – DayOne Data Centres Limited, an independent hyperscale data centre platform based in Singapore, has secured more than US$2b in series C equity financing, representing one of the largest private funding rounds completed in the global data centre sector.
The investment round was led by existing shareholder Coatue, with participation from a group of international institutional investors, including Indonesia’s sovereign wealth fund, the Indonesia Investment Authority (INA).
The latest financing attracted investors from Asia-Pacific, North America, and Europe, broadening DayOne’s shareholder base and reinforcing its capacity to support expansion across multiple international markets.
“As global demand for AI and cloud infrastructure accelerates, customers are increasingly looking for partners that can deliver at scale, with speed and sustainability across multiple regions,” Jamie Khoo, CEO of DayOne, commented.
“This new capital further strengthens our ability to expand our APAC and Europe platforms, execute against our secured development pipeline, and deliver high-performance, AI-ready capacity that supports the long-term needs of the world’s technology leaders.”
This geographical mix of capital is aligned with the company’s long-term strategy, which prioritises growth in APAC and Europe. The series C follows US$1.9b raised through earlier equity rounds in 2024. The new round was completed at a valuation double that of the previous funding stage.
“DayOne continues to rapidly expand its data centre platform in APAC and Europe, exceeding our expectations and delivering on strong demand for AI and hyperscale infrastructure,” Robert Yin, general partner & head of AI infrastructure at Coatue, stated.
He added, “We’re excited to support DayOne’s next phase of global development with this financing.”
Proceeds from the series C are intended to support the next phase of DayOne’s global development programme. In APAC, the capital will be used to continue scaling capacity across the SIJORI corridor, encompassing Singapore, Johor and Batam, as well as to support growth initiatives in Thailand, Japan and Hong Kong.
These developments are aimed at increasing the availability of high-density, AI-ready data centre capacity delivered with an emphasis on speed and environmental efficiency.
“INA’s partnership with DayOne began with a shared conviction that digital infrastructure is a critical enabler of long-term economic competitiveness,” Ridha Wirakusumah, CEO of the Indonesia Investment Authority (INA) and DayOne’s joint venture partner, said.
“This Series C investment represents a deepening of our partnership at the global platform level, reflecting confidence in DayOne’s execution capabilities and its ability to scale high-quality hyperscale infrastructure across markets.”
In Europe, the funding is expected to advance the build-out of the company’s Finnish operations, anchored by large-scale hyperscale campuses in Lahti and Kouvola, which underpin its wider European expansion plans.
The series C funding is also expected to enhance DayOne’s ability to meet secured customer commitments totalling approximately one gigawatt of capacity, positioning the platform among the faster-growing operators in the next generation of hyperscale digital infrastructure.
With the completion of the Series C financing, DayOne strengthens its presence across APAC and Europe as it continues to develop large-scale infrastructure intended to support the long-term needs of global cloud and technology providers.
