Digital Edge raises $1.6B for APAC data center growth

Digital Edge, a Singapore-based data center company, has secured over $1.6 billion in funding to expand its operations across Asia-Pacific markets.

The funding breakdown: Digital Edge’s capital raise combines $640 million in equity investments and $1 billion in debt financing spread across multiple campus expansions.

• The equity portion was significantly oversubscribed, attracting investment from some of the world’s largest institutional investors and sovereign wealth funds
• The company is a portfolio investment of Stonepeak, a New York-based infrastructure and real assets investment firm

Current operations and footprint: Digital Edge maintains a substantial presence across key Asian markets since its establishment in 2020.

• The company operates 21 data centers with over 500 megawatts (MW) of capacity either in service or under construction
• An additional 300 MW of capacity is planned for future development
• Facilities are strategically located across Japan, Korea, India, Malaysia, Indonesia, and the Philippines

Recent expansions: The company has been actively growing its regional presence through new facility launches.

• Opened SEL2, a 36 MW facility in Korea, as part of a larger 100 MW Incheon campus in Seoul
• Launched the 23 MW EDGE2 facility in Jakarta
• Plans to open its first facility in a 300 MW campus in Navi Mumbai in Q2 2025
• Preparing to launch TY07, a hyperscale edge facility in downtown Tokyo, which will be its ninth data center in Japan

Strategic focus: The new capital will support Digital Edge’s expansion strategy aimed at meeting increasing regional demand.

• Funding will primarily target growth initiatives to serve rising cloud computing needs
• Investment will support infrastructure development for artificial intelligence services
• Expansion plans align with the growing digital transformation across Asia-Pacific markets

Market implications: Digital Edge’s substantial capital raise signals strong investor confidence in Asia’s digital infrastructure sector, particularly as demand for cloud and AI services continues to grow in the region. The company’s rapid expansion since its 2020 founding suggests accelerating market opportunities in emerging Asian digital economies.