# Papaya funding: rounds and investors

> Papaya has raised $50M across 2 rounds since 2021. Investors include Sequoia Capital, Bessemer Venture Partners and FJ Labs. Every round with its source.

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

Hong Kong SAR China · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Papaya*

2 rounds we have observed, with the 8 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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$50M** raised across 2 rounds since 2021, from 2 sources

- **Latest round:** Venture Jul 2024
- **Biggest round:** $50M Series B · Dec 2021
- **Investors:** 8

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.

2022 2023 2024

**$50M** Series B

**?** Venture

- **First round:** Series B, $50M
- **Biggest round:** $50M
- **Between rounds:** 2.6 years

## The rounds

- **Jul 2024** Venture **Amount undisclosed** *4 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [K5 Global](https://millionrounds.com/fund/k5-global) [20VC](https://millionrounds.com/fund/20vc) [Giant Ventures](https://millionrounds.com/fund/giant-ventures) Source recorded
- **Dec 2021** Series B **$50M** *4 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) 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.

**Series B** 2021 **Venture** 2024 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [FJ Labs](https://millionrounds.com/fund/fj-labs) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [K5 Global](https://millionrounds.com/fund/k5-global) [20VC](https://millionrounds.com/fund/20vc) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) [Giant Ventures](https://millionrounds.com/fund/giant-ventures)

## Everyone who backed them

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

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round

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

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[K5 Global](https://millionrounds.com/fund/k5-global) Private equity **1** round

[20VC](https://millionrounds.com/fund/20vc) VC firm **1** round

[9Yards Capital](https://millionrounds.com/fund/9yards-capital) VC firm **1** round

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

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

## Quick answers about Papaya

### Who invested in Papaya?

Papaya's investors include Sequoia Capital, Bessemer Venture Partners, FJ Labs, First Round Capital and K5 Global, and 3 more on record.

### How much has Papaya raised?

Papaya has raised $50M across 2 rounds since 2021. One round did not disclose an amount, so the total is a floor.

### When did Papaya last raise?

Papaya's most recent round was a Venture in Jul 2024.

### What was Papaya's biggest round?

Papaya's largest round on record is $50M (Series B), in Dec 2021.

### Who backed Papaya first?

Papaya's first round on record, in Dec 2021, was backed by Sequoia Capital, Bessemer Venture Partners and First Round Capital and 1 others.

### What stage is Papaya at?

Papaya's latest named round is a Venture, in Jul 2024.

### Where is Papaya based?

Papaya is based in Hong Kong SAR China.

## Companies like Papaya

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

[**Ellipal** $1.0M · Jul 2026](https://millionrounds.com/company/ellipal)[**SignalPlus** $51M · May 2026](https://millionrounds.com/company/signalplus)[**Prenetics** $91M · May 2026](https://millionrounds.com/company/prenetics)[**RedotPay** $194M · Dec 2025](https://millionrounds.com/company/redotpay)[**Mu Digital** $1.5M · Nov 2025](https://millionrounds.com/company/mu-digital)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)

## Find investors like these

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