DayOne Data Centers
Category: AI Infrastructure
DayOne develops and operates next-generation hyperscale data centers for industry leaders who demand reliable, cost-effective and quickly scalable digital infrastructure solutions DayOne Data Centers was founded in 2022. The company is led by Jamie Khoo. Based in Singapore, Singapore. Team size: 51-200. Total funding raised: $1.9 billion (Series A & B completed), in advanced talks for $2+ billion Series C funding. Latest round: Series C (in advanced discussions for $2+ billion). Key investors include ["SoftBank Vision Fund","Coatue Management","The Baupost Group","Kenneth Griffin (Citadel)","Hillhouse Investment","Boyu Capital","Brookfield (mezzanine financing partner)"].
- Founded
- 2022
- Headquarters
- Singapore, Singapore
- Team size
- 51-200
- Total funding
- $1.9 billion (Series A & B completed), in advanced talks for $2+ billion Series C funding
Value proposition
Empowering hyperscalers and enterprises to achieve rapid deployment and enhanced connectivity through cutting-edge, sustainable data center infrastructure with speed-to-market advantages and deep local market expertise
Products and solutions
["Hyperscale data center campuses","AI-optimized facilities","Sustainable hydrogen-powered data centers","Edge computing solutions","Colocation services","Cloud-ready infrastructure"]
Unique value
DayOne is pioneering the use of sustainable energy in data centers, developing Singapore's first hydrogen-powered data center using Solid Oxide Fuel Cell (SOFC) technology. They created the innovative SIJORI (Singapore-Johor-Riau Islands) hub-and-spoke model optimizing connectivity and resource utilization across multiple markets.
Target customer
Hyperscalers (cloud service providers), large enterprises, AI companies, and digital-first organizations requiring massive computing capacity
Industries served
["Cloud Computing","Artificial Intelligence","Financial Services","Telecommunications","Technology","Digital Media","E-commerce"]
Technology advantage
Technological advantage in sustainable energy with SOFC-based hydrogen power and advanced cooling technologies. Business advantage from its origin as the international unit of GDS, providing deep industry experience, strong investor backing, and significant funding for rapid expansion across Asia and Europe.
How they differentiate
DayOne differentiates through strong focus on sustainability and green energy, including developing hydrogen-powered data centers and targeting 100% renewable electricity. They focus on building large-scale, hyperscale data center parks with innovative hub-and-spoke models across strategic Asian markets, plus rapid deployment capabilities through pre-fabrication techniques.
Main competitors
["ST Telemedia Global Data Centres","AirTrunk","NTT Global Data Centers","Digital Realty","Equinix","Keppel Data Centres"]
Key partnerships
["Sembcorp Power (renewable energy supply)","Bloom Energy (hydrogen-powered fuel cell technology)","Gaw Capital (joint venture in Japan)","Indonesia Investment Authority (joint venture in Indonesia)","Brookfield (financing partner)","TNB Renewables (renewable energy in Malaysia)"]
Notable customers
["US hyperscalers","Chinese hyperscalers","Enterprise clients across Asia-Pacific and Europe"]
Major milestones
["Successfully rebranded from GDS International to DayOne and launched as independent company in January 2025","Closed $1.9 billion Series B funding round","Secured €500 million mezzanine financing from Brookfield (expandable to €1 billion)","Broke ground on hyperscale data center campuses in Thailand, Japan, and Finland","Secured $3.5 billion syndicated green Islamic financing for Johor, Malaysia projects","Entered European market with €1.2 billion Finland investment","In advanced talks for $2+ billion Series C funding at $10 billion valuation"]
Growth metrics
480MW of data center space committed to customers, with over 500MW under construction across multiple markets. Planning to develop up to 1GW of total data center capacity. Recent €1.2 billion investment commitment in Finland campus.
Market positioning
Positioned as a pioneer in developing and operating next-generation, sustainable, and scalable digital infrastructure for hyperscalers and large enterprises. Established as the international arm of GDS Holdings with strong foundation in APAC region, now expanding globally.
Geographic focus
Primary focus on Asia-Pacific including Singapore, Malaysia (Johor), Indonesia (Batam/Riau Islands), Thailand, Hong Kong, Japan, with recent expansion into Europe (Finland)
Patents and IP
No public information available on specific patents, though the company has developed proprietary operating systems and cooling technologies
About Jamie Khoo
Over 20 years of leadership experience in finance, systems implementation, treasury and investments. Previously served as CEO and CFO of GDS International, and spent over 11 years at ST Telemedia in various leadership roles including Senior Vice President.
Official website: https://dayonedc.com/