Startups
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.
Overview
Employees
11-50
Total raised
$8M
Founded date
2021
Investors 9
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Adaverse | adaverse.co | |
| Web3.com Ventures | ventures.web3.com | |
| Web3.com Ventures | web3.com | |
| Next Chymia | chymia.io | |
| First Impact Ventures | firstimpact.vc | |
| Tess Ventures | tessventures.com | |
| YBB Foundation | ybb.io | |
| Arcanum Capital | arcanum.capital |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 27, 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... |
| Dec 23, 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... |
| Sep 15, 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... |
| Jul 20, 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... |
| Jul 19, 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... |
| Jul 19, 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... |
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FAQ about Cassava
When was Cassava founded?
Cassava was founded in 2021.
How much funding has Cassava raised?
Cassava has raised $8M in total across 1 funding round.
Who has invested in Cassava?
Parsers VC lists 9 investors of Cassava, among them Adaverse, Web3.com Ventures and Next Chymia.
What has the press written about Cassava?
Parsers VC has collected 7 articles mentioning Cassava, among them “Reintroducing Cassava Network and our mission to onboard Africans into Web3 TechCabal’s 2021 Year-End report Success!” (Mar 27, 2023) and “Ask an Investor: Twelve insights from Africa’s top investors in 2022 TechCabal’s 2021 Year-End report Success!” (Dec 23, 2022).
Is Cassava still active?
Cassava is probably closed: its latest activity on Parsers VC dates from May 5, 2023.