GDS International Raises Series B Funding to $1.2 Billion with Robust Investor Backing

GDS International's Successful Series B Funding Increase

GDS International (GDSI), a prominent leader in the data center sector based in Singapore, recently announced a significant increase in its Series B funding round. Originally set at $1 billion, this funding has now been elevated to $1.2 billion, attributed to notable interest from new investors. Among the key contributors is the renowned SoftBank Vision Fund, led by SoftBank Group, alongside Kenneth Griffin, the CEO of Citadel, showcasing the trust and optimism investors have in GDSI's strategic vision.

The funding will be critical for GDSI, allowing them to capitalize on their plans to develop over 1 gigawatt of total data center capacity. Jamie Khoo, the CEO of GDS International, expressed excitement over the robust backing from investors, stating, "This support not only enables us to expand our shareholder base with reputable new investors but also highlights the strength of GDSI's vision and strategy. The additional capital will permit us to accelerate our plans to create new data center markets and deliver state-of-the-art digital infrastructure solutions."

The Series B funding round, initially announced in October 2024, is expected to finalize before the year closes. The increase is a testament to GDSI's vision and the confidence investors have in its growth prospects, which include expanding their footprint and innovating within the data center industry.

Established leaders in the data center market, GDSI boasts a commitment to providing reliable, scalable, and cost-effective solutions. The company’s advanced data centers enable hyperscalers and large enterprises to connect with their customers effectively, fostering innovation and shaping the future of various sectors not only in Singapore but across Asia, including Malaysia, Indonesia, Thailand, Hong Kong, Japan, and beyond.

With a management team that has over 20 years of experience in building the largest data center company in Asia, GDSI is well-placed to pioneer the development of the SIJORI region (Singapore, Johor, and the Riau Islands) as a global hub for data centers. This expansion reflects a broader trend within the technology sector where investments in digital infrastructure are rising sharply, driven by increased demand for cloud services, data handling capacity, and innovative technologies.

The implications of this capital raise extend beyond mere numbers; they signal a robust future for GDS International and the entire data infrastructure industry. The influx of capital will not only enable GDSI to enhance its operational capabilities but also aim for strategic partnerships that could potentially redefine data center solutions in the coming years. Overall, the successful Series B funding increase emphasizes GDSI's commitment to excellence and innovation in the data center landscape, setting a benchmark for competitors and illustrating the ongoing importance of digital infrastructure in an increasingly tech-driven world.