Cassava Blockchain, an infrastructure that aims to be the leading gateway for Africans to capitalize on the possibilities of Web 3.0 economic and social revolution. They are leveraging the Transsion Holdings ecosystem, which has an unparalleled traffic and user base from day one when it comes down to mobile phone production and sales, content creators and content consumer platforms.
Employees: 11-50
Total raised: $8M
Founded date: 2021
Investors 8
Funding Rounds 1
| Date | Series | Amount | Investors |
| 07.05.2022 | - | $8M | - |
Mentions in press and media 7
| Date | Title | Description |
| 05.05.2023 | From Past to Future: How Does Adaverse Connect Africa with Asia through Cardano? Adaverse: Cardano’s official accelerator for Africa 2022 in review: Cardano as a bridge from Africa to Asia Why Afri... | Since 2021 Adaverse has been establishing a steady market presence in both Africa and Asia, connecting the two regions with a view of contributing to the wider global Web3 ecosystem. Driven by an aim to promote Cardano integration, Adaverse... |
| 27.03.2023 | Reintroducing Cassava Network and our mission to onboard Africans into Web3 TechCabal’s 2021 Year-End report Success! | Cassava – the crop, a staple food in most African communities, is extensively cultivated on the continent for its edible starchy tuberous root. It is one of the largest carbohydrate sources and is a vital source of calories for about 65% of... |
| 23.12.2022 | Ask an Investor: Twelve insights from Africa’s top investors in 2022 TechCabal’s 2021 Year-End report Success! | In 2021, we started the Ask an Investor series to help explain why and how investments in companies happen in Africa from the people who make them happen. This year, I interviewed over 20 investors who shared their thoughts on what investor... |
| 15.09.2022 | Adaverse is backing a diverse range of Web3 startups across Africa | These days almost everyone is talking about Web3, the third iteration of the internet that’s primarily built on blockchain technology, birthing an army of web3 enthusiasts and startups. There are 15,648 web3 startups in the world, out of wh... |
| 20.07.2022 | Cassava Technologies secures $50m investment from C5 Capital | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to email a link to a friend (Op... |
| 19.07.2022 | Cassava Technologies Announces $50 Million Strategic Investment from C5 Capital | Cassava Technologies (Cassava), Africa’s first integrated tech company of continental scale, announced that it has secured a US$50 million investment from C5 Capital (C5), a specialist venture capital firm that invests in cyber security, sp... |
| 19.07.2022 | Cassava Technologies has announced a $50 million strategic investment from C5 Capital | Africa’s first integrated tech company on a continental scale, Cassava Technologies, announced today that it has received a US$50 million investment from C5 Capital (C5), a venture capital firm that invests in cyber security, space security... |