Singaporean provider of modular and prefabricated data center infrastructure EPG has completed its Series B financing, raising nearly US$100 million.
The round was co-led by international investment firms Forebright and Silicon Peak, with participation from GL Ventures, NRL Capital, YF Capital, and Rockets Capital.
The company said the proceeds from the financing will support capacity expansion, working capital, and global growth.
Founded in 2004, EPG is a modular data center solution provider specializing in factory-prefabricated integration of power, IT, and cooling systems. It has manufacturing hubs in Malaysia and China, in Johor Bahru and Shanghai, respectively. Previous customers have included GDS and Huawei.
The company completed its Series A and A+ rounds last year, raising “tens of millions of dollars” from investors, including Eastern Bell VC.
Alick Wan, founder, chairman, and CEO of EPG, said: “This Series B financing reflects strong confidence from leading global investors. Looking ahead, we will continue to invest in R&D, manufacturing, and global delivery capabilities to support fast, reliable data center deployment for customers worldwide.”
Founded in 2014, ForeBright is a China-focused private equity firm. Its previous investments include GDS and Kingsoft Cloud.