# PancakeSwap funding: rounds and investors

> PancakeSwap has raised across 1 round since 2022. Investors include Y Combinator and YZi Labs. Every round with its source.

Source: https://millionrounds.com/company/pancakeswap (Millionrounds; every figure on the page links to its filing or article)

Japan · [Venture startup](https://millionrounds.com/companies)

# Who invested in *PancakeSwap*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2022, from 1 source

- **Latest round:** Venture Jun 2022
- **Investors:** 2

See who backed them

## The rounds

- **Jun 2022** Venture **Amount undisclosed** [Y Combinator](https://millionrounds.com/fund/y-combinator) [YZi Labs](https://millionrounds.com/fund/yzi-labs) Source recorded

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[YZi Labs](https://millionrounds.com/fund/yzi-labs) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pancakeswap).

## Also claim to have backed them

These 2 firms list PancakeSwap as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[GamesPad](https://millionrounds.com/fund/gamespad) VC firm Per its own site

[Hyperscale Fund](https://millionrounds.com/fund/hyperscale-fund) Hedge fund Per its own site

## Quick answers about PancakeSwap

### Who invested in PancakeSwap?

PancakeSwap's investors include Y Combinator and YZi Labs.

### How much has PancakeSwap raised?

PancakeSwap has raised 1 round since 2022, none with a disclosed amount.

### When did PancakeSwap last raise?

PancakeSwap's most recent round was a Venture in Jun 2022.

### Who backed PancakeSwap first?

PancakeSwap's first round on record, in Jun 2022, was backed by Y Combinator and YZi Labs.

### What stage is PancakeSwap at?

PancakeSwap's latest named round is a Venture, in Jun 2022.

### Where is PancakeSwap based?

PancakeSwap is based in Japan.

## Companies like PancakeSwap

In the same sector, and raised in the last eighteen months.

[**Coincheck** May 2026](https://millionrounds.com/company/coincheck)[**Metaplanet** $505M · Mar 2026](https://millionrounds.com/company/metaplanet)[**PG Labs** $1.9M · Dec 2025](https://millionrounds.com/company/pg-labs)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Peso** Oct 2026](https://millionrounds.com/company/peso)

## Find investors like these

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