Singapore-headquartered hyperscale data center platform DayOne Data Centers Limited yesterday announced that it has obtained over US$ 2 billion dollar in Series C equity financing from a consortium of American, European and Asia-Pacific investors led by existing investor, Coatue supported by Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), amongst others. The financing, which stands out as one of the largest private capital raises in the data center sector, will be used in the next phase of its global expansion especially in Asia-Pacific and Europe.
This follows Series A and Series B equity rounds in 2024 that raised a total of US$1.9 billion and a mezzanine debt facility of €1 billion in 2025. Series C was priced at a 100 percent premium to the prior round.
The prime beneficiaries of the proceeds are DayOne’s Finland hyperscale campuses in Lahti and Kouvola, which will spearhead the company’s entry into Europe, and the continued expansion of its facilities across the SIJORI (Singapore–Johor–Riau Islands) region—comprising Singapore, Johor and Batam—as well as markets in Thailand, Japan and Hong Kong.
The proceeds would strengthen its delivery of about 1GW of commitments in AI-ready and sustainable facilities.
“ 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,” said Jamie Khoo, CEO of DayOne.
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.”
Ridha Wirakusumah, CEO of the Indonesia Investment Authority (INA), DayOne’s joint venture partner, said: “Following the establishment of our joint venture in Indonesia in 2023, 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, and underscoring INA’s role as a long-term, strategic investor supporting world-class platforms that deliver sustainable returns.”
