# Pandas funding: rounds and investors

> Pandas has raised $13M across 2 rounds since 2022. Investors include Gaingels, Liquid 2 Ventures and Partech Ventures. Every round with its source.

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

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Pandas*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$13M** raised across 2 rounds since 2022, from 3 sources

**$6.4M** Pre-seed **$7.0M** Series A

- **Latest round:** Series A, $7.0M Mar 2023
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023

**$6.4M** Pre-seed

**$7.0M** Series A

- **First round:** Pre-seed, $6.4M
- **Biggest round:** $7.0M
- **Between rounds:** 10 months

## The rounds

- **Mar 2023** Series A **$7.0M** *2 new* [DST Global](https://millionrounds.com/fund/dst-global) [IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter) Source recorded and 1 other SEC filing: $760K sold, first sale May 2023
- **May 2022** Pre-seed **$6.4M** *5 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2022 **Series A** 2023 [Gaingels](https://millionrounds.com/fund/gaingels) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [DST Global](https://millionrounds.com/fund/dst-global) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) [IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter)

## Everyone who backed them

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Partech Ventures](https://millionrounds.com/fund/partech) VC firm **1** round

[DST Global](https://millionrounds.com/fund/dst-global) Private equity **1** round

[Picus Capital](https://millionrounds.com/fund/picus-capital) VC firm **1** round

[Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) VC firm **1** round

[IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter) VC firm **1** round

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

## Also claim to have backed them

This firm lists Pandas as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[5G Ventures S.A Phaistos Investment Fund](https://millionrounds.com/fund/5g-ventures-s-a-phaistos-investment-fund) VC firm Per its own site

## Quick answers about Pandas

### Who invested in Pandas?

Pandas's investors include Gaingels, Liquid 2 Ventures, Partech Ventures, DST Global and Picus Capital, and 2 more on record.

### How much has Pandas raised?

Pandas has raised $13M across 2 rounds since 2022.

### When did Pandas last raise?

Pandas's most recent round was a Series A of $7.0M in Mar 2023.

### What was Pandas's biggest round?

Its most recent round, $7.0M in Mar 2023, is also its largest on record.

### Who backed Pandas first?

Pandas's first round on record, in May 2022, was backed by Gaingels, Liquid 2 Ventures and Partech Ventures and 2 others.

### What stage is Pandas at?

Pandas's latest named round is a Series A, in Mar 2023.

### Where is Pandas based?

Pandas is based in the United Kingdom.

## Companies like Pandas

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

[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**Myriad Wind Energy Systems** $1.8M · Sept 2026](https://millionrounds.com/company/myriad-wind-energy-systems)[**RheEnergise** $6.3M · Sept 2026](https://millionrounds.com/company/rheenergise)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)

## Find investors like these

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