DayOne Data Centers, the Singapore-headquartered hyperscale data centre developer, has raised over US$2 billion in its Series C equity financing.
The company announced that the funding round was led by existing investor Coatue, with participation from new investors including the Indonesia Investment Authority.
The proceeds are intended to accelerate DayOne’s development of hyperscale campuses in Lahti and Kouvola, Finland, while supporting expansion across Asia, including Singapore, Johor in Malaysia, Batam in Indonesia, Thailand, Japan and Hong Kong.
“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,” DayOne CEO Jamie Khoo said.
What You Need to Know
Reuters had reported in October that DayOne was targeting more than US$1 billion in new funding. The Series C round has been priced at a 100 per cent premium to the company’s prior equity raise, underscoring investor confidence in its growth strategy and the expanding demand for AI-ready infrastructure.
This latest financing follows a US$1.9 billion raise in 2024 and an up to €1 billion (S$1.5 billion) mezzanine facility secured in 2025, highlighting the company’s rapid scale-up trajectory.
The investment comes amid surging demand for data centres capable of supporting artificial intelligence workloads, cloud computing and other digital infrastructure needs across global markets.
While the company did not disclose its valuation for the Series C funding, the significant premium over previous rounds indicates strong market validation of its strategy.
Global Expansion Strategy
According to DayOne, its expansion plans include the development of large-scale, AI-ready campuses in Europe and the Asia-Pacific region.
The company aims to provide hyperscale capacity that can accommodate the growing computational demands of technology leaders, including cloud providers, AI developers, and multinational corporations.
By combining strategic locations with high-performance infrastructure, DayOne is positioning itself as a leading provider of hyperscale data centre capacity capable of supporting next-generation digital and AI services across multiple continents.
What this Means
DayOne Data Centers’ successful US$2 billion Series C financing highlights the growing investor confidence in the global demand for AI-ready and hyperscale data centre infrastructure.
The funding allows DayOne to accelerate the construction of hyperscale campuses in Europe and expand its footprint across Asia-Pacific markets, including Singapore, Malaysia, Indonesia, Thailand, Japan and Hong Kong.
Experts say this positions the company to meet increasing demand from cloud providers, AI developers, and multinational enterprises, all of which require scalable, high-density data centre solutions capable of powering next-generation technologies.
Strategically, the Series C round also demonstrates a shift in the data centre market toward global players that can provide consistent, AI-optimised infrastructure across multiple regions.
By combining European and Asia-Pacific expansion with secured development pipelines, analysts note DayOne is establishing itself as a key partner for technology leaders seeking cross-border operational consistency and reliability in data-intensive workloads.
Talking Points
It is notable that DayOne Data Centers has secured over US$2 billion in its Series C funding, reflecting strong investor confidence in its strategy to expand AI-ready hyperscale infrastructure across Europe and Asia-Pacific.
This capital injection positions DayOne to accelerate the development of large-scale campuses in Finland and support expansion in Singapore, Malaysia, Indonesia, Thailand, Japan, and Hong Kong, regions experiencing growing demand for high-performance computing and AI workloads.
At Techparley, we see how investments like this can strengthen the global digital infrastructure ecosystem, providing scalable, reliable, and AI-optimised capacity that enables cloud providers, technology leaders, and multinational corporations to operate more efficiently.
As DayOne scales, there is significant potential to set a benchmark for AI-ready data centre infrastructure. With the right strategy and capital allocation, the company could become a pivotal enabler of global AI adoption, bridging the gap between digital innovation and physical computing capacity.
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