DayOne Data Centers, a Singapore-based data centre company, says it has raised over 2.0bn$ in new funding. The company said it is one of the largest private capital raises in the data center sector.
DayOne is the former international business unit of Chinese data center firm GDS and rebranded as an independent company last year. The company said the money will support its expansion in both Asia-Pacific and Europe. In Europe, the plan is to built large “hyperscale” campuses in Lahti – plans for which were announced August last year – and Kouvola, which will form the foundation of DayOne’s broader European strategy.
Jamie Khoo, CEO of DayOne, commented: “This investment reflects deep confidence in DayOne’s platform quality and long-term growth trajectory. 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. This new capital further strengthens our ability to expand our European and Asia-Pacific 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.”
Robert Yin, General Partner & Head of AI Infrastructure at Coatue, said: “DayOne continues to rapidly expand its data center platform in APAC and Europe, exceeding our expectations and delivering on strong demand for AI and hyperscale infrastructure. We’re excited to support DayOne’s next phase of global development with this financing.”