Singapore-based data centre company Digital Edge has raised more than $1.6bn in new capital to support its platform expansion.

A portfolio entity of Stonepeak, the company focuses on enhancing its interconnection and hyperscale edge data centres across Asia.

The capital raised includes a combination of equity and debt financing.

The capital raise comprises approximately $640m in equity investment from both existing and new investors, alongside $1bn in total debt financing.

This funding will support expansion, enabling Digital Edge to meet the increasing cloud and AI demands of its customers across the region, the company noted.

Founded in early 2020, Digital Edge owns and operates 21 data centres with more than 500 MW of IT load in service and under construction.

An additional 300 MW is reserved for future development across strategic locations in Japan, Korea, India, Malaysia, Indonesia, and the Philippines.

In October 2024, Digital Edge opened its third data centre in Korea, SEL2, a 36MW facility in its 100MW Incheon campus in Seoul.

This followed the expansion of its Jakarta footprint with the 23MW EDGE2 facility.

The company now plans to open a 300MW campus in Navi Mumbai, India by Q2 2025 and a hyperscale edge facility in Tokyo, TY07, its ninth in Japan.

Digital Edge chairman and Stonepeak senior managing director Andrew Thomas said: “The level of interest received from existing and new investors is testament to Digital Edge’s proven track record, expansion capacity, and relentless focus on delivering for our customers across the Asia Pacific region.

“Since making the founding investment in Digital Edge in 2020, Stonepeak has been proud to support the platform’s expansion into six countries and a truly pan-APAC footprint.”