EPG Raises $100M+ for AI Data Center Expansion

Modular data center provider EPG has successfully closed a significant Series B+ funding round, securing over US$100 million. This latest capital infusion was spearheaded by Decarbonization Partners, a prominent joint venture between BlackRock and Temasek, with substantial participation from Alibaba Cloud and other strategic backers. The funding builds upon an earlier Series B round and is earmarked to accelerate EPG's global expansion in the rapidly growing AI data center market.

The influx of capital will empower EPG to enhance its research and development initiatives, bolster manufacturing capacity, and expand its delivery networks worldwide. This strategic move addresses the escalating demand for high-density, rapidly deployable data center solutions, a critical need driven by the exponential growth of artificial intelligence workloads. Traditional construction methods are increasingly strained by the requirements for extreme power densities and compressed project timelines, positioning modular solutions as a vital alternative.

EPG's core offering lies in its prefabricated modular data center technology, which seamlessly integrates power, IT, and cooling systems. This innovative approach significantly reduces deployment times, minimizes environmental impact, and offers greater certainty in project delivery compared to conventional builds. The company's founder and chairman, Alick Wan, emphasized that in the current AI-driven era, competitive advantage extends beyond raw computing power to encompass speed of deployment and energy efficiency. He stated, "This funding will strengthen our global manufacturing and delivery capabilities to meet growing demand. By advancing prefabricated modular approach, we aim to turn complex engineering into scalable, reliable infrastructure solutions."

The investment underscores a robust market trend towards sustainable and efficient data center infrastructure. Dr. Meghan Sharp, Global Head and Chief Investment Officer at Decarbonization Partners, highlighted the accelerating global demand for data centers, fueled by cloud adoption and AI. "EPG's prefabricated modular data center platform provides a comprehensive suite of solutions that supports a cost and energy efficient build out of data centre infrastructure," she commented. "We're excited to partner with EPG's management team to support the next phase of growth as the business scales." This sentiment reflects a broader investor focus on companies enabling the digital economy's infrastructure build-out.

EPG has demonstrated strong operational momentum, delivering over 200MW of prefabricated data center modules in 2025 alone. This included a landmark 60MW+ facility, one of the largest single modular projects in Asia. The company has also strategically expanded its international presence with new offices in Japan, Thailand, and Dubai, alongside an impressive 87.6% year-on-year workforce growth. The recent relocation of its overseas headquarters to Novena Square Tower in Singapore further solidifies its long-term commitment to global markets.

The market for modular data centers is experiencing significant tailwinds. Industry analysts project the global modular data center market to reach tens of billions of dollars in the coming years, driven by hyperscale cloud providers, AI development, and edge computing initiatives. EPG's ability to deliver scalable, high-performance solutions positions it favorably to capture a substantial share of this expanding market. The company's dual R&D centers in Singapore and Shanghai, coupled with advanced manufacturing hubs in Malaysia and China, provide a strong foundation for continued innovation and global reach.