DayOne Data Centers Raises Over $2 Billion to Expand Across Europe and Asia
Singapore-based DayOne Data Centers has secured more than 2 billion US dollars in its latest Series C equity financing round, marking a significant milestone in its global expansion strategy. The round was led by existing investor Coatue, with participation from the Indonesia Investment Authority and other strategic backers, the company announced late on Monday.
Funding to Power European and Asian Growth
The fresh capital will be used to accelerate the development of DayOne’s hyperscale data centre campuses in Lahti and Kouvola, Finland, while also supporting expansion across several key Asia-Pacific markets. The company confirmed that new projects are planned in Singapore, Johor in Malaysia, Batam in Indonesia, Thailand, Japan, and Hong Kong.
DayOne said the Series C round was completed at a 100 per cent premium to its previous equity raising, reflecting strong investor confidence in its long-term growth trajectory. This follows earlier capital injections, including 1.9 billion US dollars raised in 2024 and a mezzanine financing facility of up to 1 billion euros (1.17 billion US dollars) secured in 2025.
Strengthening AI-Ready Infrastructure
“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 DayOne CEO Jamie Khoo in the company’s statement.
While the valuation for the Series C round was not disclosed, analysts note that the premium pricing signals continued investor appetite for data infrastructure assets capable of supporting the rapid rise in artificial intelligence computing.
Strategic Expansion in a Competitive Market
Founded in Singapore, DayOne Data Centers focuses on hyperscale facilities that cater to major cloud service providers and enterprises. Its strategy aligns with surging global demand for AI data processing capacity, which has driven rapid growth in the data centre sector across Europe and Asia.
Industry experts suggest that the new funding will enable DayOne to strengthen its position as a key player in the global digital infrastructure market, as companies compete to deploy data capacity for cloud and AI-driven services.
with inputs from Reuters
