Singapore-headquartered DayOne Data Centers said it has announced the final closing of its Series C equity financing with total gross proceeds of $4.5 billion, as the global digital infrastructure platform moves to accelerate expansion across Asia Pacific and Europe.
The Series C round was led by existing investors Coatue and Hillhouse, now DayOne’s two largest shareholders, with participation from new investors including the Indonesia Investment Authority and Achi Capital Partners.
Since its inception in 2022, DayOne has secured more than 1.5 gigawatts of total bookings for capacity in Asia Pacific and Europe, making it one of the largest and fastest-growing international digital infrastructure platforms.
The equity financing is expected to enable DayOne to accelerate its expansion in key markets including Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland, and Spain.
The fundraising comes as demand for next-generation data centers continues to rise, driven by global hyperscalers, enterprises and accelerating critical infrastructure requirements.
DayOne develops and operates next-generation data centers and designs, builds and operates high-capacity, AI-ready campuses with speed, scale and reliability.
The company said its proprietary integrated delivery model and track record of pioneering and scaling new markets allow it to unlock strategic capacity to meet rising infrastructure demands.
DayOne has data center campuses in operation or under development in Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain.
The company said it may continue to consider additional equity and debt financing options in private and public markets, subject to funding needs, market conditions and other considerations.