# Papercup funding: rounds and investors

> Papercup has raised $20M across 1 round since 2022. Investors include Octopus Ventures, Entrepreneur First and LocalGlobe. Every round with its source.

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

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

# Who invested in *Papercup*

One round we have observed, with the 5 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.

AI

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $20M Jun 2022
- **Investors:** 5

See who backed them

## The rounds

- **Jun 2022** Series A **$20M** [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) [Mercuri VC](https://millionrounds.com/fund/mercuri) Source recorded

## Everyone who backed them

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

[Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Accelerator **1** round

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

[Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Private equity **1** round

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

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

## Quick answers about Papercup

### Who invested in Papercup?

Papercup's investors include Octopus Ventures, Entrepreneur First, LocalGlobe, Sands Capital Ventures and Mercuri VC.

### How much has Papercup raised?

Papercup has raised $20M across 1 round since 2022.

### When did Papercup last raise?

Papercup's most recent round was a Series A of $20M in Jun 2022.

### What was Papercup's biggest round?

Its most recent round, $20M in Jun 2022, is also its largest on record.

### Who backed Papercup first?

Papercup's first round on record, in Jun 2022, was backed by Octopus Ventures, Entrepreneur First and LocalGlobe and 2 others.

### What stage is Papercup at?

Papercup's latest named round is a Series A, in Jun 2022.

### Where is Papercup based?

Papercup is based in the United Kingdom.

## Companies like Papercup

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

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