Vantage Data Centers’ Growth Continued in 2024 Driven by AI and Cloud Adoption; Secured a Record $13 Billion in Incremental Funding
Company expanded global footprint, entering two new markets, breaking ground on six campuses and opening 11 facilities

Vantage Data Centers’ 192MW campus being developed in
“In 2024, we built upon the previous year’s momentum to meet the demand for hyperscale capacity driven by the rapid adoption of AI and cloud technologies,” said Sureel Choksi, president and CEO of Vantage Data Centers. “Through strategic partnerships with investors and our commitment to sustainable innovation and operational excellence, we continue to expand our reach globally to enable our customers to grow their businesses at unprecedented scale.”
Strategic Capital Investments
The company kicked off 2024 by announcing a
Vantage also secured additional funding from new and existing investors globally. This included a
Strength in Leadership
As Vantage continued to rapidly scale globally, the company attracted industry veterans to lead its growth. In 2024, Vantage appointed new regional presidents in
Vantage also welcomed Emily Friedberg as the company’s first chief technology & innovation officer, cementing its commitment to not only housing the technology of many of the world’s largest, most innovative companies, but investing heavily in Vantage’s own innovation within its global data center platforms.
Vantage’s global employee base reached more than 1,700 at year end, growing
Continued Global Expansion
Throughout 2024, Vantage launched campuses in new and existing markets while continuing to develop many of its growing campuses. In one of several firsts,
Vantage broke ground on six campuses, including a second campus in
In addition, Vantage opened the doors to 11 new data centers last year across
This growth brings Vantage’s planned and existing global capacity to more than 2.6GW. The company now has 35 campuses, including operational and under development, across five continents, spanning 14 countries and 21 markets.
Commitment to Sustainability, Community and EH&S
As Vantage continued to scale, the company maintained its focus on environmental stewardship and innovation and documented its progress towards achieving net zero carbon emissions by 2030 in its annual ESG report.
Giving back to its communities is a critical pillar of the company’s culture. Last year, Vantage participated in a number of community engagement endeavors, including the launch of two partnerships in
Committed to a culture of safety, Vantage achieved a Total Recordable Incident Rate of 0.26 in 2024, well below the industry average and below its corporate target despite an
For more information about Vantage’s expanding global presence, visit https://vantage-dc.com/data-center-locations/.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in
For more information, visit vantage-dc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250130296124/en/
Press Contacts
Mark Freeman
Vantage Data Centers
mfreeman@vantage-dc.com
+1-202-680-4243
Robin Bectel
REQ for Vantage Data Centers
vdc@req.co
+1-202-936-6335
Source: Vantage Data Centers