DayOne Secures $2 billion in Series C Funding

APAC data center firm DayOne this week announced it has entered into definitive agreements for more than $2 billion in Series C equity financing. DayOne said the financing will accelerate the next phase of its global expansion. In Europe, the proceeds will go towards the development of DayOne’s Finland campuses, centered around sites in Lahti and Kouvola, which form the foundation of DayOne’s broader European strategy.

Jamie Khoo, CEO of DayOne, said: “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.

"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.”

Robert Yin, general partner & head of AI infrastructure at Coatue, said: “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. We’re excited to support DayOne’s next phase of global development with this financing.”