China’s EPG, a provider of prefabricated data centre products, has completed a nine-figure US dollar Series B funding round, which is said to be at a size of at least $100 million.
The round was jointly led by Silicon Peak and Hong Kong-based private equity firm Forebright Capital. Hillhouse’s GL Ventures, NRL Capital, Alibaba Group’s co-founder Jack Ma-backed YF Capital, and Rockets Capital participated in the deal, EPG announced in its latest WeChat post.
The Shanghai-based company specialises in the R&D, manufacturing, and services of prefabricated data centre products, also known as modular data centre products. They are factory-built, pre-engineered, and tested infrastructure units – comprising IT racks, power supply, and cooling systems – designed for rapid deployment and expansion of data centres when a quick, turnkey solution is needed.
With over 1,000 employees across more than 60 countries and regions, EPG plans to invest the fresh capital in production expansion, working capital replenishment, and its continued forays across overseas markets. It aims to ensure the deliveries of products, with a focus on high-power-density AI data centres.
The Series B round will see EPG actively step up its presence in markets like Southeast Asia and Europe, particularly emerging markets like Malaysia, where weak local supply chains and a scarcity of skilled labour pose significant efficiency challenges to its data centre development.
While the traditional construction model struggles to meet the increasing computing power and data centre demand in the current AI boom, these challenges create “a huge market window” for prefabricated, modular data centre solutions, said EPG in the post.
Founded in 2004, the company currently has R&D centres in Shanghai, China, and manufacturing facilities in Shanghai and Johor, Malaysia. It operates multiple subsidiaries and service centres across China and Southeast Asian countries, such as Singapore, Malaysia, Indonesia, and Vietnam.
In July 2025, EPG announced the official launch of its Japanese company in Yokohama. The company is also preparing for its future expansion into markets like Dubai, Spain, and the US, according to its website.
Before this sizeable Series B round, EPG raised “tens of millions of US dollars” from investors, including Eastern Bell Capital in its Series A and A+ rounds in 2025.
