# UPM Sappi funding: rounds and investors

> UPM Sappi has raised $813M across 1 round since 2026. Investors include Citibank. Every round with its source.

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

Finland · [Funded startup](https://millionrounds.com/companies)

# Who invested in *UPM Sappi*

One round we have observed, with the one investor 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.

Biotech

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$813M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $813M May 2026
- **Investors:** 1

See who backed them

## The rounds

- **May 2026** Debt **$813M** [Citibank](https://millionrounds.com/fund/citi) Source recorded

## Everyone who backed them

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

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

## Quick answers about UPM Sappi

### Who invested in UPM Sappi?

UPM Sappi's investors include Citibank.

### How much has UPM Sappi raised?

UPM Sappi has raised $813M across 1 round since 2026.

### When did UPM Sappi last raise?

UPM Sappi's most recent round was a Debt of $813M in May 2026.

### What was UPM Sappi's biggest round?

Its most recent round, $813M in May 2026, is also its largest on record.

### Who backed UPM Sappi first?

UPM Sappi's first round on record, in May 2026, was backed by Citibank.

### What stage is UPM Sappi at?

UPM Sappi's latest named round is a Debt, in May 2026.

### Where is UPM Sappi based?

UPM Sappi is based in Finland.

## Companies like UPM Sappi

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

[**Kasvu Therapeutics** $34M · Sept 2026](https://millionrounds.com/company/kasvu-therapeutics)[**Solar Foods** $56M · Jun 2026](https://millionrounds.com/company/solar-foods)[**Algorithmiq** $37M · May 2026](https://millionrounds.com/company/algorithmiq)[**NPHarvest** $1.4M · Jan 2026](https://millionrounds.com/company/npharvest)[**Arivin Therapeutics** $3.5M · Sept 2025](https://millionrounds.com/company/arivin-therapeutics)[**Nanoform** $5.8M · Jun 2025](https://millionrounds.com/company/nanoform)

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