Cassava Technologies Asset Profile

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Year established

2021

Location

London UK

Primary Industry

IT Infrastructure

About

Based in London, UK, and founded in 2021 by Strive Masiyiwa, Cassava Technologies operates as a digital platform that provides digital infrastructure and digital services led by its CEO Hardy Pemhiwa. In July 2022, Cassava Technologies, an integrated tech company raised USD 50 million in venture funding led by C5 Capital. As of July 2022, the company has a team of 2,465 full time employees that serves 1,50,000 customers across 15 African countries. Cassava Technologies combines digital services and infrastructures such as fiber broadband and digital networks, data centers and renewable energy, distributed power technologies, loud and cyber security, digital platforms, and Fintech platforms. The company's product brands include Liquid Intelligent Technologies, Africa Data Centres, Distributed Power Africa, Liquid Cloud and Cyber Security, Sasai Fintech, and Vaya Technologies. The company plans to use the venture funding to boost its efforts and increase digital connectivity and inclusion on the continent.

Current Investors

C5 Capital, U.S. International Development Finance Corporation, Google Holdings

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Primary Industry

IT Infrastructure

Sub Industries

Data Centers, Renewable Energy, IT Infrastructure, IT Security/Cybersecurity, Fiber Optics, Internet Service Providers

Website

www.cassavatechnologies.com

Verticals

Artificial Intelligence, Big Data, Cloud Computing, FinTech

Total Amount Raised

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