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Funding round

Giant Panda Growth

Reported as "Growth Equity"

Giant Panda, which works in domain name registration services in San Juan, raised $1.20B in a Growth round announced on 11 Sep 2025, led by SMBC, MUFG, Mizuho and Societe Generale. 4 firms took part. It is Giant Panda's second venture round on record; the one before was a Growth in Jan 2025.

$1.20B

Amount raised

Not disclosed

Post-money valuation

4

Investors

4 leads

Valuation

What this round says about the price

Giant Panda did not disclose a valuation in this round. It came 8 months after Giant Panda's Growth. It is 44% of the $2.73B Giant Panda has raised in the venture rounds on record. Giant Panda raised again 5 months later: a Growth round of $550M in Feb 2026.

Giant Panda's funding rounds

Giant Panda has 3 venture rounds on record. This one is highlighted.

  1. Growth 16 Jan 2025, led by MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation $975M
  2. Growth this round 11 Sep 2025, led by SMBC, MUFG and Mizuho $1.20B
  3. Growth 11 Feb 2026, led by TD and Mizuho $550M

Investors

Who put money in

SMBC, MUFG, Mizuho and Societe Generale led the round.

Lead investors

  • SMBC new investor
  • MUFG new investor
  • Mizuho new investor
  • Societe Generale new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to scaling operations.

  • Scaling operations

Comparable rounds

How it compares

15 Growth rounds in Hosting & Cloud Infrastructure Providers within a year either side disclosed an amount; the median was $231M, and this round was 5.2 times the median. The closest in time, other companies' Growth rounds in Hosting & Cloud Infrastructure Providers:

Growth rounds in Hosting & Cloud Infrastructure Providers, Sep 2024 to Sep 2026: 15 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Flexential Hosting & Cloud Infrastructure Providers20 Aug 2025$1.00Bnot disclosednot named
Hosting & Cloud Infrastructure Providers15 Aug 2025$300Mnot disclosednot named
Wasabi Hosting & Cloud Infrastructure Providers1 Oct 2025$33Mnot disclosednot named
Hosting & Cloud Infrastructure Providers2 Jul 2025$34M$470MNGP Capital
Hosting & Cloud Infrastructure Providers9 Dec 2025$100Mnot disclosednot named
Hosting & Cloud Infrastructure Providers20 Jun 2025$3.8Mnot disclosednot named
Wasabi Hosting & Cloud Infrastructure Providers13 Jan 2026$70M$1.80BL2 Point
Hosting & Cloud Infrastructure Providers30 Apr 2025$250Mnot disclosedNOVA Infrastructure

Sources

Where this comes from

Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed

Questions

Frequently asked

How much did Giant Panda raise in its Growth round?

Giant Panda raised $1.20B in its Growth round, announced in Sep 2025.

Who led Giant Panda's Growth round?

SMBC, MUFG, Mizuho and Societe Generale led it.

What was Giant Panda's valuation at the Growth round?

It was not disclosed.

How does it compare with other Growth rounds in Hosting & Cloud Infrastructure Providers?

15 Growth rounds in Hosting & Cloud Infrastructure Providers within a year either side disclosed an amount; the median was $231M, and this round was 5.2 times the median.

Did Giant Panda raise again after this round?

Yes: a Growth round in Feb 2026 of $550M.