DayOne Raises $2 Billion in Series C Round Led by Coatue and Indonesia's Sovereign Wealth Fund

DayOne Secures Major Funding to Fuel Global AI Infrastructure Expansion January 5, 2026 In a significant move highlighting the intense capital demands of the AI era, Asia-Pacific data center operator DayOne has closed a massive $2 billion Series C funding round. The investment underscores the critical role of scalable, geographically diverse digital infrastructure in supporting the next wave of technological growth, as cloud service providers and enterprises worldwide race to deploy AI-ready capacity. The financing, finalized this week, was led by existing investor Coatue Management and included participation from new institutional backers, most notably the Indonesia Investment Authority (INA), the country's sovereign wealth fund. This capital injection is earmarked to accelerate DayOne's aggressive expansion across both the Asia-Pacific region and Europe. Specifically, the proceeds will fund the continued development of the company's secured pipeline in key Asian markets such as Singapore, Johor and Batam in Malaysia, Thailand, Japan, and Hong Kong. Simultaneously, the investment will propel its European strategy forward, centered on building out new campus developments in Lahti and Kouvola, Finland. DayOne, which rebranded last year from being the international arm of Chinese firm GDS Holdings, currently manages a portfolio exceeding 500 megawatts of capacity in service or under construction, with an additional 500MW held for future development across its footprint. DayOne CEO Jamie Khoo stated, "This investment reflects deep confidence in DayOne’s platform quality and long-term growth trajectory. As global demand for AI and cloud infrastructure accelerates, customers are increasingly looking for partners that can deliver at scale, with speed and sustainability across multiple regions." He added that the new capital strengthens the company's ability to execute its development pipeline and deliver high-performance capacity for the world's technology leaders. Robert Yin, General Partner & Head of AI Infrastructure at lead investor Coatue, commented, "DayOne continues to rapidly expand its data center platform in APAC and Europe, exceeding our expectations and delivering on strong demand for AI and hyperscale infrastructure." The involvement of INA signals a strategic deepening of an existing partnership; the two entities established an Indonesian joint venture in 2023. Ridha Wirakusumah, CEO of INA, noted the investment "reflects confidence in DayOne’s execution capabilities and its ability to scale high-quality hyperscale infrastructure across markets," underscoring the fund's focus on digital infrastructure as a driver of long-term economic competitiveness. The successful $2 billion raise, following reports in October that the company was seeking funding, positions DayOne as a formidable, well-capitalized player in the global scramble to build the underlying infrastructure required for artificial intelligence and large-scale computing. It also marks one of the largest single funding rounds in the data center sector recently, highlighting the sector's attractiveness to major financial and strategic investors. Source: datacenterdynamics