Goldman Sachs-backed AirTrunk raises S$450m to build Singapore data centre

Data centre startup AirTrunk has raised S$450 million in debt and equity to help build its first Singapore facility as part of a multi-billion dollar plan to become a regional technology powerhouse.

The Goldman Sachs Group and TPG Sixth Street Partners-backed company has already spent more than A$1 billion (S$964.7 million) on two data centres in Australia and will open its Singapore facility in two phases, according to founder Robin Khuda.