Singapore’s DayOne Secures a Whopping US$2B Series C to Power Global Data Infrastructure Boom
In a landmark vote of confidence for digital infrastructure, Singapore‑based hyperscale data center operator DayOne Data Centers has just closed a Series C funding round exceeding US$2 billion — one of the largest private capital raises in the global data center sector. (GlobeNewswire)
This massive financing, led by longtime backer Coatue Management and supported by heavyweight institutional players including the Indonesia Investment Authority (INA), comes as demand for AI‑ready, cloud‑centric infrastructure continues to surge worldwide. (GlobeNewswire)
🚀 What This Funding Means
- Global expansion acceleration: The new capital will propel DayOne’s expansion plans in both Europe and the Asia‑Pacific. Investors are backing the rollout of hyperscale campuses — notably in Lahti and Kouvola, Finland — while also extending the firm’s footprint across key Asian markets like Singapore, Johor (Malaysia), Batam (Indonesia), Thailand, Japan and Hong Kong. (GlobeNewswire)
- Building AI‑ready capacity: With enterprises and cloud providers demanding ever‑greater computing muscle, especially for AI workloads, data centers that can support high‑density, liquid‑cooled environments are strategic assets. DayOne’s funding positions it to deliver this next‑gen capacity with speed and sustainability. (GlobeNewswire)
- Investor confidence & momentum: The Series C was priced at a 100% premium over its prior equity round, underscoring investor belief in DayOne’s execution track record and growth trajectory. (GlobeNewswire)
🌍 A Broader Industry Signal
While software startups face tightening funding conditions, data center infrastructure — especially AI‑aligned platforms — continues to draw huge capital. DayOne’s raise is emblematic of a shift: investors are prioritizing scale, strategic geography, and pre‑secured customer demand over more speculative tech bets. (asiatechdaily.com)
Moreover, by attracting a diversified investor base spanning the U.S., Europe, and Asia‑Pacific, DayOne’s latest round highlights how hyperscale operators are fast becoming linchpins in the global digital economy. (GlobeNewswire)
📘 Glossary
Hyperscale Data Center A massive facility designed to support large‑scale computing needs — typically for cloud services, AI workloads, and enterprise applications — with thousands of servers, advanced cooling systems, and robust power infrastructure.
Series C Funding A later stage in venture financing where companies raise substantial capital to scale operations, enter new markets, or invest heavily in infrastructure before potential IPO or acquisition.
AI‑Ready Capacity Infrastructure optimized for handling intensive artificial intelligence workloads, which demand high compute power and efficient heat dissipation.
📎 Source: https://www.techinasia.com/news/sg-data-center-firm-dayone-bags-over-2m-series-c
