EPG Completes Series B Funding Round of Nearly $100 Million
In a significant move aimed at bolstering its global data center solutions, EPG recently finalized its Series B funding round, raising almost $100 million. This investment was co-led by prominent international investment firms including Forebright and Silicon Peak, alongside participation from GL Ventures, NRL Capital, YF Capital, and Rockets Capital. In the previous year, EPG had already initiated its Series A/A+ rounds, successfully garnering several million dollars from stakeholders, notably Eastern Bell VC, establishing a solid foundation for future growth.
Established in 2004, EPG has consistently drawn upon its team's extensive industry experience exceeding two decades. The company specializes in modular data center solutions and is recognized for its factory-integrated approach to power, IT, and cooling systems. The capital raised from this funding is expected to enhance the company’s capacity, working capital, and global growth, thereby strengthening EPG's ability to deliver high-density AI data centers on a worldwide scale.
The global data center sector currently faces mounting efficiency challenges, particularly in regions such as Southeast Asia and Europe. Factors such as weak local supply chains and a shortage of skilled labor contribute to prolonged construction timelines and inflated costs. Additionally, the rising demands from AI-driven workloads exert increased pressure on speed, power density, and thermal efficiency, pushing traditional construction models to their limits.
In light of these pressing issues, EPG is tackling these challenges through its innovative modular prefabricated data center solutions. Their Managed Data Center (MDC) approach significantly shifts most construction activities to a controlled factory environment, where modules are assembled and rigorously tested before being swiftly installed and operationalized on-site. Supported by production hubs in Johor Bahru and Shanghai, EPG's end-to-end global delivery teams, along with in-house technologies such as cold plate liquid cooling systems with a Power Usage Effectiveness (PUE) below 1.3 and self-developed diesel generators, facilitate a faster, more reliable, and cost-efficient deployment of data centers across international markets.
Alick Wan, founder and CEO of EPG, commented, “This Series B funding round underscores the strong confidence from leading global investors. Moving forward, we will continue to invest in R&D, manufacturing, and our global delivery capabilities to support rapid and dependable data center deployments for clients worldwide.”
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About EPG
EPG is a Singapore-based supplier of modular and prefabricated data center infrastructure, driven by dual R&D centers located in Singapore and Shanghai along with advanced manufacturing hubs in Malaysia and China. With over twenty years of technical expertise, EPG delivers innovative and sustainable solutions for hyperscale, cloud, and enterprise implementations across APAC, EMEA, North America, South America, and other international markets.