Galaxy DC secures $250m financing from unnamed international investment institution for GW-scale AI data center campuses in Southeast Asia
Type: Financing · Technology: Data Center · Country: Singapore · Value: $250M · Announced: 2026-06-18
Singapore-based Galaxy DC, a subsidiary of Chinese tech company Hoyinn Technologies, secured $250 million in an initial strategic financing round from a renowned international investment institution. The funds will support the development of GW-scale AI data center campuses across Southeast Asia, though specific locations, timelines, and scale details were not disclosed. Galaxy DC previously announced a $2 billion investment in a computing cluster in Thailand's Silicon Tech Park in August 2025, signaling its expansion in the region's data center market. The financing round follows Galaxy DC's strategic focus on Southeast Asia, positioning it to capitalize on growing AI infrastructure demand in the region. The company's parent, Hoyinn Technologies, operates as a broader tech entity, with Galaxy DC serving as its dedicated data center platform.
Counterparties
- Galaxy DC (Developer)
- Hoyinn Technologies (Parent Company)