Echelon Data Centres Valuation, Funding & Investors

Echelon Data Centres is valued at $2.9B as of February 2024.

Last Echelon Data Centres valuation

$2.9B

Undisclosed stage · Feb 2024

Last Echelon Data Centres funding round

$850M

Undisclosed stage · Feb 2024

Cumulative funding Echelon Data Centres raised

$850M

across 1 funding round

Key investors in Echelon Data Centres

  • Starwood Capital Group

Echelon Data Centres Overview

About Echelon Data Centres

Echelon Data Centres is an Ireland-headquartered developer and operator of hyperscale data centers across Europe. The company manages campuses in Dublin and London, with facilities offering up to 50MW capacity per site and sustainability features like renewable energy sourcing. Echelon Data Centres serves cloud providers and enterprises with colocation, connectivity, and wholesale services. Launched in 2015, it emphasizes carrier-neutral designs and expansion into Central Europe.


Founded

2017

HQ

IrelandDublin

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$2.9B (Feb 2024)

Echelon Data Centres Valuation

Echelon Data Centres is currently valued at $2.9B, based on its undisclosed-stage round in February 2024.

The $850M round was led by Starwood Capital Group.

Echelon Data Centres valuation by funding round

Echelon Data Centres valuation by funding round
DateStageValuation
Feb 2024Undisclosed stage$2.9B

Echelon Data Centres Funding History

Echelon Data Centres has raised a total of $850M across 1 funding round.

Echelon Data Centres funding rounds

Echelon Data Centres funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2024Undisclosed stageStarwood Capital Group (lead)$850M$2.9BEchelon Data Centres, founded in 2016, is a leading data centre developer in Ireland and the UK, with 140MW of operational or late-stage construction capacity, including a fully pre-committed 91.4MW hyperscale campus in Dublin, and a strategic landbank exceeding 500MW. On February 15, 2024, Starwood Capital Group announced a strategic investment of approximately $850 million (via Starwood Opportunity Fund XII and Starwood Real Estate Income Trust), acquiring a 50% shareholder stake in Echelon. The transaction values the company at approximately €2.5 billion enterprise value, accompanied by a new €900 million debt facility from Morgan Stanley and United Overseas Bank to support expansion. Starwood Capital, which has invested nearly $8 billion across 1.5GW of data centre capacity globally over the past five years, aims to leverage this partnership for further growth in Europe and the US, where it has an additional 600MW pipeline, bringing the combined platform to ~1.5GW.

Who has invested in Echelon Data Centres?

1 investor has backed Echelon Data Centres across its funding rounds, including Starwood Capital Group.

Lead investors include Starwood Capital Group.


Echelon Data Centres Investors

Investors in Echelon Data Centres by funding rounds participated
InvestorHQRoundsRoleFirst check

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Echelon Data Centres Competitors

Echelon Data Centres competitors include listed companies like Csquare, DigitalBridge Group, Sinnet Technology and Bitdeer, and private ones like Xsight Labs and Nxtra Data.

Public and private companies comparable to Echelon Data Centres
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Xsight LabsIsraelKiryat GatPrivate--$2.8B-
CsquareUnited StatesUnited StatesPublicly listed$987M$375M$3B-
DigitalBridge GroupUnited StatesUnited StatesPublicly listed$71M$30M$3B41.4x
Sinnet TechnologyChinaChinaPublicly listed$1.1B$72M$3B3.6x
BitdeerUnited StatesUnited StatesPublicly listed$620M$331M$3.1B5.3x
Nxtra DataIndiaGurgaonPrivate--$3.1B-

Echelon Data Centres Public Comps

Echelon Data Centres is still privately-owned, but its public comps include Csquare, DigitalBridge Group, Sinnet Technology, Bitdeer, Time Dotcom, Keel Infrastructure, SharonAI, Ionic Digital, Quantum Computing Inc. and VNET Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Csquare$987M$375M8.7x-23.0x-
DigitalBridge Group$71M$30M54.5x41.4x129.6x-
Sinnet Technology$1.1B$72M3.5x3.6x51.4x18.4x
Bitdeer$620M$331M7.3x5.3x13.7x35.7x
Time Dotcom$438M$183M6.1x5.8x14.6x13.3x
Keel Infrastructure$229M($80M)11.2x18.2x(31.9x)(50.6x)
SharonAI$2M($36M)752.3x13.7x(32.7x)46.2x
Ionic Digital$141M($248M)25.4x-(14.5x)-

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Common questions about Echelon Data Centres

When was Echelon Data Centres founded?Echelon Data Centres was founded in 2017.
Where is Echelon Data Centres headquartered?Echelon Data Centres is headquartered in Dublin, Ireland.
Is Echelon Data Centres publicly listed?No, Echelon Data Centres is a private, VC-backed company.
What is Echelon Data Centres' valuation?Echelon Data Centres was last valued at $2.9B in its undisclosed-stage round in February 2024.
How much funding has Echelon Data Centres raised?Echelon Data Centres has raised $850M across 1 funding round.
What was Echelon Data Centres' last funding round?Echelon Data Centres' last funding round was a $850M undisclosed-stage round in February 2024, led by Starwood Capital Group.
Who are Echelon Data Centres' investors?Echelon Data Centres' investors include Starwood Capital Group.
Which companies are comparable to Echelon Data Centres?Companies comparable to Echelon Data Centres include Xsight Labs, Csquare, DigitalBridge Group, Sinnet Technology, Bitdeer and Nxtra Data.

See companies similar to Echelon Data Centres

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