Indonesia Investment Authority invests in DayOne Data Centres' $2 billion Series C funding to boost the country's digital infrastructure for AI and cloud services.

Information on the Target

DayOne Data Centres is a Singapore-based company that specializes in building and operating hyperscale data centers. The company focuses on providing the necessary infrastructure that supports various digital workloads, including those associated with artificial intelligence. By offering scalable and flexible solutions, DayOne aims to meet the growing demand for data processing and storage, which is critical for businesses operating in an increasingly digital landscape.

The recent Series C funding round, amounting to USD 2 billion, marks a significant milestone for DayOne as it seeks to enhance its capabilities and expand its operations. With the backing of prominent investors, the company is well-positioned to play a pivotal role in the evolving data center industry, especially amidst the rising demand for cloud computing and AI technologies.

Industry Overview in Indonesia

The digital infrastructure industry in Indonesia is experiencing rapid growth, driven by an increased reliance on technology and the internet across various sectors. As one of Southeast Asia's largest economies, Indonesia has seen a surge in d