Africa Angel Investors Network

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Cassava Technologies

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Developer of a cross-border fiber optic network platform intended to deliver reliable connectivity and digital alternatives across the continent.


Location: South Africa
Website: http://www.cassavatechnologies.com/
Sector: Communication
Funding Stage: Venture Round, Debt,
Total Funding ($m): 310
# of Founders: 1
Founding Year: 2021
Funding Year: 2024
Status: Active
YearAmountStageInvestors
2024$90mVenture RoundUS International Development Finance Corporation (DFC), Google, and the Finnish Fund for Industrial Cooperation (Finnfund)
2024$220mDebtUS International Development Finance Corporation (DFC), Google, and the Finnish Fund for Industrial Cooperation (Finnfund)
Strive Masiyiwa , , ,
Venture Round $90m
US International Development Finance Corporation (DFC), Google, and the Finnish Fund for Industrial Cooperation (Finnfund)

Debt $220m
US International Development Finance Corporation (DFC), Google, and the Finnish Fund for Industrial Cooperation (Finnfund)


News
https://launchbaseafrica.com/2024/12/17/cassava-technologies-secures-310m-to-scale-africa-data-centers-and-saisai-fintech-backed-by-us-dfc/