Singapore firms dominate S-E Asia data centre funding, account for 98% of US$11.5 billion raised: report
Singapore data centre firms dominate S-E Asia funding, accounting for 98% of US$11.5 billion raised, according to research firm Tracxn. Five Singapore-headquartered companies, DayOne, Princeton Digital Group, ST Telemedia Global Data Centres, Singtel’s Nxera, and Digital Edge, raised the majority of the funds. The investment was spread across 19 rounds, with about 85% of the total raised since the start of 2024. As of Aug 25, a total of US$4.7 billion of equity has been raised.
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