Why it matters
The strategic read
Turns DayOne into a better-capitalized AI-ready hyperscale platform right after its Malaysia gigawatt renewable-energy receipt. The financing gives the former GDS International platform growth capital for booked capacity, new market entry, power-first campus expansion and potential IPO prep across the same APAC and European markets where hyperscalers are fighting for fast-to-power AI capacity.
Source-supported terms
What was disclosed
- 01
DayOne announced the final closing of its Series C equity financing with total gross proceeds of US$4.5B.
- 02
The round was led by existing investors Coatue and Hillhouse, which DayOne described as its two largest shareholders.
- 03
New investors included the Indonesia Investment Authority and Achi Capital Partners.
- 04
DayOne said it has secured more than 1.5 GW of total bookings for capacity in Asia Pacific and Europe since its 2022 inception.
- 05
The company said the financing is expected to accelerate expansion in Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain.
- 06
DayOne said it may continue to consider additional equity and debt financing options in private and public markets depending on funding needs and market conditions.
- 07
DayOne describes itself as a Singapore-headquartered global digital infrastructure platform developing and operating high-capacity, AI-ready campuses.
- 08
DCD reported DayOne currently has more than 500 MW of data-center capacity in service and under construction, plus more than 500 MW held for future development across Hong Kong, Singapore, Malaysia, Indonesia and Japan.
- 09
DCD also noted recent DayOne groundbreakings in Thailand and Singapore and a first move beyond Asia with a campus in Lahti, Finland.
Disclosure boundary
What is known—and what is not
Primary DayOne / PRNewswire financing announcement plus DCD near-primary coverage. Public details disclose gross proceeds, lead investors, selected new investors, booked-capacity scale, target markets and broad use of proceeds. Full capitalization table, valuation, investor allocations, liquidation preferences, debt covenants, project-level funding allocation, customer bookings, data-center delivery schedule, power contracts and IPO timing are not public.