Hong Kong, October 17, 2025- DayOne, a fast-growing global data centre operator affiliated with GDS Holdings, is planning to raise more than USD 1 billion in a new funding round, according to sources familiar with the matter.
The company’s upcoming Series C round could value DayOne at between USD 4 billion and USD 5 billion, reflecting investor optimism about its expansion plans across Southeast Asia and Europe.
DayOne has approached global infrastructure funds and Middle Eastern sovereign wealth funds to participate in the round, the sources added. The company operates independently from GDS Holdings, maintaining its own management team, board, and investors, even as it continues to leverage GDS’s expertise and network.
The operator already manages 480 megawatts of data centre capacity across Hong Kong, Singapore, Malaysia, Indonesia, and Japan, with another 590 MW earmarked for future development. The new funds are expected to accelerate this growth, particularly in strategic international markets.
In December 2024, DayOne raised USD 1.2 billion in a Series B round, which valued the company at roughly USD 1.3 billion, signaling strong investor confidence in its long-term trajectory. GDS Holdings has indicated plans to develop DayOne into an independently run and separately listed business in the coming years.
The company’s rapid expansion comes amid rising demand for hyperscale data centres in Asia and Europe, driven by cloud, AI, and enterprise computing needs. Analysts say DayOne’s fundraising positions it to compete with established regional players while expanding its footprint globally.
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