Zankore lands $3.1B loan to build AI data centres in Indonesia
What's the deal? ZankoreDealroom has a profile for this one. Try Dealroom →, a newly formed AI infrastructure firm, has secured a senior term loan facility of up to $3.1 billion from a consortium of five banks. The debt will fund the development and deployment of its next-generation AI and GPU cloud infrastructure across Southeast Asia.
What's the endgame? Zankore plans to build AI infrastructure in Indonesia alongside Nvidia. The financing supports its rollout of GPU cloud capacity aimed at the region's fast-growing demand for computing power.
Why it stands out: The facility ranks in the top 1% of all-time debt rounds tracked in enterprise software across Indonesia, based on a sample of 142 deals. That places Zankore's raise at the very top end of financings in its market.
The signal: Large debt facilities are becoming a favoured route for financing the capital-intensive data centre buildout underpinning the AI boom. Zankore's deal signals that Southeast Asia — and Indonesia in particular — is emerging as a target for that spending.
Read more: financeasia.com
Image credit: cbowns
